Daily Market Report - 6 April 2026
- Wall Street was closed last Friday but a peek at the future indicates that all 3 major indices are trending in negative territory.
- Over in Asia, it was a mixed day for Asian markets as sentiments remains very entrenched on the prevailing tension in the middle east exacerbated by the latest shooting down of US planes that many are wary for Trump’s more aggressive next move.
- The Hong Kong Stock Exchange was closed for Good Friday and will resume trading on April 8th.
- On the home front, the FBM KLCI ended slightly lower after hovering in positive region for most of the session mainly due to late selling by foreign funds.
- We believe sentiment to stay cautious thus expect another muted session as Brent crude price is still trending between the USD100-USD110/barrel range.
- For today, we anticipate the index to hover within the 1,690-1700 range.
