Daily Market Report - 25 September 2025
- Wall Street lost ground as profit-taking emerged at record-high levels, spurred by Fed Chair Jerome Powell’s warning on stretched valuations and caution ahead of fresh inflation data.
- The Dow slipped 0.37% to 46,121.28, while the S&P 500 fell 0.28% and the Nasdaq retreated 0.33%.
- Hong Kong equities rose despite the typhoon disruption as investor sentiment is buoyed by expectations for economic stimulus from China.
- As a result, the HSI slipped 1.37% to 26,518.65.
- Back home, the FBM KLCI closed lower due to profit taking activities.
- Despite closing in the red, the pickup in trading volume signals that interest in the market is returning.
- This healthier level of activity reflects investors’ willingness to participate, which could provide a foundation for the index to stabilise and potentially recover when fresh catalysts emerge.
- As such we foresee the benchmark index to trend within the range of 1,595-1,610 for today.
