Daily Market Report - 6 January 2026
Daily Market Report - 6 January 2026

Daily Market Report - 6 January 2026

Tue, Jan 6, 2026 8:06 AM
  • Despite global criticisms, Wall Street closed broadly higher as traders celebrated the US invasion on Venezuela on the pretext that US companies will benefit from such developments especially the energy segment.
  • Meanwhile, the US 10-year yield eased slightly to 4.155%.
  • Over in Hong Kong, the HSI ended flat as traders are looking beyond prevailing geopolitical tensions.
  • Nonetheless, overall sentiment was cautious amid a muted session.
  • Back home, the FBM KLCI closed positively at just above the 1,680 mark as buying support from local institutions persisted.
  • We remain hopeful that the solid display by the blue chips may eventually encourage liquidity to cascade down to the smaller cap space.
  • At the moment, we noticed retailers remain side-lined in the absence of catalysts.
  • For today, we expect the index to gyrate within a range of 1,675 1,685 with an eye to breach the 1,700 thresholds anytime soon.
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