Market Reports

Daily Market Report - 30 January 2026
Daily Market Report - 30 January 2026
  • Wall Street ended mixed as selling on tech stocks took centre stage after Microsoft’s below expectations earnings and soft guidance on its outlook going forward.
  • Meanwhile, the US 10-year yield dipped slightly to 4.233%.
  • As for Hong Kong, the HSI continued with its ascension, briefly overtaking the 28,000 level before settling slightly below this threshold.
  • Buying was broad-based as sentiment was buoyed by the inflows of both foreign and domestic funds in addition to some easing measures within the Chinese property market.
  • On the home front, the FBM KLCI declined further to around the 1,730 mark.
  • We note the selling may be a bit overdone exacerbated by concerns from the sell-down in Indonesia regarding free floats amongst the listed companies.
  • Nonetheless, Bursa Malaysia has maintained that our free float is still within the set parameters and has no systemic risks with MSCI requirements.
  • Therefore, we expect a rebound soon with the index to hover within the 1,730-1,750 range today.
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Daily Market Report - 29 January 2026
Daily Market Report - 29 January 2026
  • It was another mixed session on Wall Street after the Federal Reserve left interest rates unchanged citing improving economic resilience while unemployment has stabilized somewhat.
  • As such, all 3 major indices closed off the day’s high while the US 10-year yield inched marginally higher at 4.247%.
  • Over in Hong Kong, the HSI closed broadly higher to almost the 28,000 level as liquidity continues to build up from the influx of foreign funds that are rotating out of US equities.
  • Back home, the FBM KLCI ended lower amid some profit taking activities.
  • We view this as a healthy correction following a strong run-up since the beginning of the year.
  • Nonetheless, we hope that a rebound will not be procrastinated as this may erode the prevailing market vitality.
  • Meanwhile, it is widely expected foreign funds that exited Indonesia recently due to a potential downgrade by MSCI, may look at Malaysia as a perfect alternative.
  • Hence, we expect the index to trend between the 1,750-1,770 range today.
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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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