Daily Market Report - 15 August 2025
- Wall Street closed mixed as confusion reigned over the latest US inflation data which showed July’s producer price index (PPP) rose 0.9% as opposed to the forecast 0.2%.
- Meanwhile, the US 10-year yield edged higher at 4.287%.
- Over in Hong Kong, the HSI closed lower following a decent opening attributed to some profit taking activities.
- Traders are also pondering if recent decent corporate earnings are sustainable to support the uptrend.
- Back home, the FBM KLCI ended in negative territory despite a strong opening as investors decided to lock in profits following a strong performance over the last few days.
- Nonetheless, we noticed foreign funds remained net sellers which are market dampeners.
- For today, we expect the index to hover between the 1,575- 1,585 range.
