Daily Market Report - 25 July 2025
- Wall Street closed mixed as the DJIA ended lower due to the sell-off on IBM.
- Otherwise, the US market seems to be in a good situation.
- Meanwhile, the US 10-year yield was flat at 4.40% amid a rather resilient PMI and job data.
- Over in Hong Kong, the HSI continues with its winning streak to stay within the 25,700 mark as sentiment remains buoyant with the US looking more forthcoming for negotiations amid the ongoing trade tension and many are hoping a deal may be agreed between the US and the EU soon.
- On the home front, the FBM KLCI displayed another decent performance as it ended at the 1,540 level possibly from institutional support in view of the upcoming results season.
- Meanwhile, we expect the index to maintain its positive course and trend between the 1,535-1,550 range today.
