Market Reports

Daily Market Report - 8 August 2025
Daily Market Report - 8 August 2025
  • Wall Street ended mixed as sentiment turned cautious over the eventual impacts from Trump’s tariffs that may be felt in the next few months.
  • Meanwhile, the US 10-year yield remained flat at 4.248%.
  • Looking at Hong Kong, the HSI continued with its uptrend as sentiment was bolstered by the unexpected improvement in China’s July exports that grew 7.2% against the consensus estimate of 5.6%.
  • Meanwhile, imports rose 4.1% versus the forecast of 1% decline.
  • As a result, the index breached the 25,000 mark again.
  • Back home, the FBM KLCI also performed well after a slow start.
  • Bargain hunters emerged to snap up the index laggards, especially Tenaga thus pushing the benchmark index closer to the 1,550 level.
  • While we believe there could be some foreign buying, we hope this time they will stay a tad longer.
  • For today, we expect the index to trend between the 1,545-1,555 range.
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Daily Market Report - 7 August 2025
Daily Market Report - 7 August 2025
  • Wall Street rebounded as sentiment was buoyed by the additional USD100bn investments by Apple which will bring its total amount to USD600bn over the next few years despite latest report that Trump may impose 100% tariff on imported semiconductors.
  • Meanwhile, the US 10-year yield edged higher at 4.246%.
  • Over in Hong Kong, the HSI closed flat as traders were mostly sidelined ahead of a plethora of Chinese economic data and corporate results over the next few days.
  • Back home, the FBM KLCI managed to end above the 1,540 level attributed to some late buying activities.
  • Trading has been lacklustre throughout the day due to the absence of fresh catalysts as illustrated by the low daily volume of 2.5bn shares.
  • For today, we expect the local burse to react in a similar pattern hence anticipate the index to hover within the 1,535-1,545 range.
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Daily Market Report - 6 August 2025
Daily Market Report - 6 August 2025
  • Wall Street ended lower amid a volatile session as sentiment has turned cautious over the US economic environment following a weaker than expected job market.
  • The situation worsened after Trump mentioned that there will be separate tariff on both semiconductor and pharmaceuticals soon.
  • Meanwhile, the US 10-year yield inched marginally higher at 4.208%.
  • Over in Hong Kong, the HSI maintained its upward trajectory, edging closer to the 25,000 mark underpinned by heightening expectations of a Federal Reserve rate cut next month.
  • On the home front, the FBM KLCI closed higher to almost the 1,540 level as we noticed improving risk appetite on equities hence the bargain hunting activities.
  • We believe sentiment to remain positive thus expect the index to trend within the 1,535-1,550 range today.
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Daily Market Report - 5 August 2025
Daily Market Report - 5 August 2025
  • Wall Street closed sharply higher as traders largely ignored the recent weak job data, instead they are hopeful that the Federal Reserve will cut rate next month.
  • Meanwhile, sentiment was also buoyed from selective solid corporate earnings as the US 10-year yield eases to 4.194%.
  • Over in Hong Kong, the HSI recovered after a 4-day decline as sentiment was boosted by possible rate cut in September following the weaker than anticipated job environment in the US.
  • Traders are also hoping that the lower rates in the US will instigate Beijing to maintain their easing policy as well.
  • Back home, the FBM KLCI as expected fell allowing the local bourse to digest the strong rebound last Friday.
  • Nonetheless, we believe the index may experience some buying support, hence expect the index to hover between the 1,525-1,535 range today.
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Daily Market Report - 4 August 2025
Daily Market Report - 4 August 2025
  • Wall Street closed broadly lower as fears of a weakening economy and the effects from Trump’s tariff war heightened.
  • Meanwhile, July’s job data came in lower than expected with sharp downward revision for June and May figures, illustrating an even dismal job market hence the US 10-year yield slipped to 4.216%.
  • Over in Hong Kong, the HSI dipped to almost a month low as sentiment became jittery over corporate earnings and the ongoing tariff negotiations between China and the US.
  • Back home, the FBM KLCI rebounded with vengeance to above the 1,530 mark following a revised lower US tariff on Malaysia with both semiconductor and pharmaceutical products being exempted.
  • In view of the prevailing uncertainty, we expect the index to hover within the 1,525-1,535 range today.
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