Daily Market Report - 5 January 2026
Daily Market Report - 5 January 2026

Daily Market Report - 5 January 2026

Mon, Jan 5, 2026 7:37 AM
  • It was a mixed first day for 2026 on Wall Street as the selling on tech-related stocks continues.
  • As a result, the Nasdaq closed in negative territory while both the S&P 500 and DJIA ended in positive mode.
  • Meanwhile, the US 10-year yield inched higher at 4.195%.
  • In a latest development, Trump declared that the US has captured Venezuela’s president and it will be interesting to see the market’s reaction.
  • As for Hong Kong, the HSI ushered in 2026 with vigour as the index surged past the 26,000 level with ease.
  • Sentiment was buoyed by optimism that both China and Hong Kong will record economic growth from more easing policies.
  • Back home, the FBM KLCI declined amid some profit taking activities following a solid run-up in December 2025.
  • We believe the local bourse may be taking a breather before realigning itself for a possible CNY rally as market liquidity builds up.
  • For today, we expect the index to trend between the 1,650 1,670 range.
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