Daily Market Report - 9 January 2026
Daily Market Report - 9 January 2026

Daily Market Report - 9 January 2026

  • It was another mixed day on Wall Street as traders rotated out of tech stocks and broadened out into other segments.
  • As such, whilst both the DJIA and S&P 500 stayed above water, the Nasdaq ended lower.
  • Meanwhile, the US 10-year yield edged higher at 4.167%.
  • As for Hong Kong, the HSI declined further on protracted selling activities as investors are bracing for the release of China’s economic data coupled with the heightening geopolitical tension.
  • On the home front, the FBM KLCI slid to just below the 1,670 level despite some net inflow of foreign funds of late.
  • Trading is still very much centered on blue chips as retailers remained side lined.
  • For today, we expect the index to hover within the 1,665-1,675 range.
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