Daily Market Report - 18 July 2025
- Wall Street closed broadly higher boosted by better economic data and quarterly earnings reports released that had exceeded consensus expectations.
- Meanwhile, the US 10-year yield eased slightly to 4.453%.
- Over in Hong Kong, the HSI ended marginally lower as traders are sidelined while waiting for fresh catalysts.
- On the home front, the FBM KLCI finally rebounded to above the 1,520 mark possibly buoyed by stock accumulation by the local institutions following days of downtrend.
- For today, we expect the index to hover within the 1,515-1,525 range.
