Market Reports

Daily Market Report - 18 August 2026
Daily Market Report - 18 August 2026
  • Wall Street declined as the ceasefire negotiation between the US and Iran expires with no deal.
    Meanwhile, Trump also threatened to bomb Oman if it gets in the way. As a result, both crude oil price and the US 10-year yield spike with the Brent going past USD90/barrel while the 10-year yield climbed to 4.726%.
  • Over in Hong Kong, the HSI rebounded after a 4-day decline as bargain hunting activities gathered pace. Interests were mainly focused on tech stocks which had been sold down recently.
  • On the home front, the FBMKLCI ended marginally lower possibly due to some
    last minute selling from foreign funds.
  • Notwithstanding this, we noticed there was accumulation of stocks,
    especially on the laggards. Overall sentiment remains cautious as we enter into a crucial stage of this quarter earnings reporting season.
  • Meanwhile, we are heartened that the Plantation sector had seen some upgrades,endorsing our positive stance since 2 quarters ago.
  • For today, we expect the index to hover within the 1,720 –1,735 range.
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Daily Market Report - 17 August 2026
Daily Market Report - 17 August 2026
  • Wall Street ended broadly lower as profit taking activities emerged following a decent run-up over the previous sessions.
  • Traders are now in a dilemma as to whether rejoicing a weak July retail sales data or at the prospect that the Federal Reserve may look at a lowering interest rates as both illustrates a diminishing consumer confidence. Meanwhile, the US 10-year yield edged higher at 4.692%.
  • As for Hong Kong equities, the HSI continued to slide as sentiment remained affected by the uncertainty in the middle east with the Brent
    crude stayed elevated at almost the USD89/barrel.
    Funds are rotating out from the tech and property sectors. Back home, the FBMKLCI dipped to below the 1,730 level amid a persistent profit taking activities amongst recent top performers.
  • We also noticed market undertone has turned cautious hence expect the index to veer within the 1,725-1,735 range today.
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Daily Market Report - 11 August 2026
Daily Market Report - 11 August 2026
  • Wall Street ended lower as expectations for a US-Iran deal faded, raising concerns over disruptions to global oil supplies again.
  • Diminishing hopes for a resolution fuelled a rally in energy prices, with the Brent crude surging to almost the USD88.00 per barrel.
  • Meanwhile, the US 10-year yield edged higher to 4.713%.
  • Over in Hong Kong, the Hang Seng Index (HSI) closed higher, supported by
    reduced expectations of a near-term Federal Reserve rate hike following Friday's softer-than-expected U.S. jobs data.
  • Back home, the FBM KLCI ended marginallylower as the index continued to consolidate, with selling pressure in selected heavyweights. For today, we expect the benchmark index to trade within the 1,730–1,740 range, while maintaining a cautiously positive bias
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Daily Market Report
Daily Market Report
  • Wall Street ended higher as an unexpected decline in U.S. employment in July strengthened market expectations that the Federal Reserve will keep interest rates unchanged for the time being.
  • The Dow gained 0.28%, while the S&P 500 surged 0.62%, and the NASDAQ jumped 1.30%. In HK, the HSI ended higher as upbeat Chinese export figures exceeded market expectations, boosting investor confidence in China's economic outlook and triggering late-session buying.
  • Back home, the FBM KLCI ended a tad lower as market participation shifted from heavyweight stocks to the broader small-cap segment.
  • While external uncertainties remain, supported by geopolitical developments and firm oil prices, bargain hunting should help limit downside pressure.
  • We expect the benchmark index to trend within the 1,730–1,740 range today while maintaining a positive bias.
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Daily Market Report - 5 August 2026
Daily Market Report - 5 August 2026
  • Wall Street closed broadly higher with both DJIA and the S&P500 hitting record highs underpinned by solid corporate earnings and the possibility of a deal between the US and Iran to reopen the Strait of Hormuz.
  • As a result, crude oil prices fell with the Brent crude declining to below the USD80/barrel.
  • Meanwhile, the US 10-year yield also fell to 4.615%. Over in Hong Kong, the HSI declined as rotation out of defensive segment namely banks and into AI related stocks have begun.
  • Back home, the FBMKLCI maintained its impressive run to end above the 1,730 thresholds following a soft opening. Buying has been broad based as we noticed foreign funds may be returning to the local bourse. For today, we expect the index to trend between the 1,730-1,740 range.
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