Daily Market Report - 11 September 2025
- Wall Street ended mixed with all 3 major indices closing off the day’s high as traders are looking ahead for the release of August CPI data later today.
- Meanwhile, the producer price index (PPI) declined slightly for August while the US 10-year yield eased marginally to 4.045%.
- As for Hong Kong equities, the HSI closed above the 26,000 mark as optimism of a Fed rate cut grew stronger.
- Additionally, traders are also hopeful for a possible rate cut by China in view of the weak CPI figure recently.
- On the home front, the FBM KLCI ended above the 1,590 level or at a 2-week high.
- We noticed foreign funds may have started to nibble on local equities, which is certainly a positive sign.
- As such, we expect the index to trend within the 1.590-1,600 range today.
