Daily Market Report - 30 October 2025
- Wall Street ended mixed after the Federal Reserve's decision to cut interest rates for the second time this year.
- The Dow slipped 0.16% to 47,632.00 while and S&P500 were flat at 6,809.60.
- The Nasdaq added 0.55% to 23,958.47.
- Hong Kong market was closed for a public holiday.
- As for the local bourse, the FBM KLCI pared losses due to late buying on selected heavyweights.
- Nonetheless, the benchmark index still ended in the red.
- We are hopeful on the interest cut in the US will boost investor confidence.
- Hence, we anticipate the benchmark index trending within the 1,610–1,620 range for today.
