Market Reports

Daily Market Report - 28 January 2026
Daily Market Report - 28 January 2026
  • Wall Street ended on a mixed note ahead of the new earnings season and also the Federal Reserve’s first rate decision of which many are expecting it to be unchanged.
  • Meanwhile, the US 10-year yield inched marginally higher at 4.243%.
  • As for Hong Kong, the HSI extended its uptrend to above the 27,000 mark or around a 3-month high, underpinned by China’s industrial profit data that is showing positive momentum.
  • On the home front, the FBM KLCI maintained its impressive uptrend by surging past the 1,770 barrier.
  • YTD, the benchmark index has gained about 100 points and may smash our 2026 target @ 1,810 rather easily judging by the prevailing buying momentum which has been dominated by foreign fund inflows.
  • As such for today, we anticipate the index to hover within the 1,770-1,785 range.
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Daily Market Report - 27 January 2026
Daily Market Report - 27 January 2026
  • Wall Street closed higher spearheaded by Apple, Meta and Microsoft, ahead of their respective earnings report later this week.
  • Meanwhile, the US 10-year yield eased slightly to 4.213%.
  • Over in Hong Kong, sentiment remains affected by the ongoing geopolitical tension and Trump’s unpredictability.
  • Nonetheless, funds are rotating out of US stocks and into Chinese equities.
  • Back home, the FBM KLCI surged to a 7-year high underpinned by foreign funds accumulation.
  • We believe foreign funds will continue to flow into Malaysia following a massive outflow last year.
  • However, we anticipate an intermittent correction to occur anytime soon, hence expect the index to trend between the 1,740-1,750 range today.
  • Meanwhile, we noticed there is an uptick in CPO futures supported by improving demand due to the forthcoming CNY and Ramadan festivities.
  • In addition, the MYR has finally broken the 4.0 mark.
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Daily Market Report - 26 January 2026
Daily Market Report - 26 January 2026
  • Wall Street closed on a mixed note as traders appeared apprehensive of Trump’s purported framework on Greenland despite his easing tariff stance on the EU countries that opposed to this takeover.
  • Meanwhile, the US 10-year yield dipped slightly to 4.231%.
  • Over in Hong Kong, the HSI rebounded as sentiment was buoyed by PBOC’s signals of more easing measures to loosen macro liquidity.
  • On the home front, the FBM KLCI ended around the 1,720 level underpinned by late buying activities.
  • We believe foreign funds are in to continue snapping up local shares.
  • Meanwhile, the MYR has further strengthened vs the USD currently at 4.00 and should break this level anytime soon.
  • As such, we expect the index to hover within the 1,720-1,735 range today.
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Daily Market Report - 23 January 2026
Daily Market Report - 23 January 2026
  • Wall Street ended broadly higher as calm returned amid easing trade tension and geopolitical risk.
  • Intel declined sharply after reporting a disappointing 1Q outlook after hours.
  • Meanwhile, the US 10-year yield inched marginally higher at 4.251%.
  • Over in Hong Kong, the HSI managed to stay just above water after Trump softened his stance on his Greenland’s acquisition antics in addition to the Japanese bonds’ recovery.
  • Back home, the FBM KLCI closed at a YTD high or almost the 1,720 level as sentiment remains positive due to persistent stock accumulation by foreign funds.
  • Nonetheless, retail participation stayed lacklustre as observed from the low daily volume at 2.9bn shares.
  • For today, we expect the index to trend between the 1,715-1,730 range.
  • Meanwhile, MYR has strengthened against the USD at 4.03 or at a 5-year high.
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Daily Market Report - 21 January 2026
Daily Market Report - 21 January 2026
  • Wall Street tumbled sharply as foreign funds switched on the “Sell America” mode after Trump threatened more tariffs on those who oppose to his Greenland takeover.
  • In line with this, the US 10-year yield edged higher at 4.295% after the selling on US Treasury accelerated.
  • Over in Hong Kong, the HSI slid below the 26,500 thresholds or almost a week’s low on concerns over China’s economic slowdown and the rising geopolitical risks.
  • Meanwhile, China maintained its 1 year and 5-year loan prime rate unchanged.
  • On the home front, the FBM KLCI declined to a 7-day low amid a weak regional performance inflicted by the increasing tension over Greenland.
  • Nonetheless, we view this as an opportunity for foreign funds to bargain hunt, hence expect the index to hover within the 1,700-1,715 range today.
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