Market Reports

Daily Market Report - 18 July 2025
Daily Market Report - 18 July 2025
  • Wall Street closed broadly higher boosted by better economic data and quarterly earnings reports released that had exceeded consensus expectations.
  • Meanwhile, the US 10-year yield eased slightly to 4.453%.
  • Over in Hong Kong, the HSI ended marginally lower as traders are sidelined while waiting for fresh catalysts.
  • On the home front, the FBM KLCI finally rebounded to above the 1,520 mark possibly buoyed by stock accumulation by the local institutions following days of downtrend.
  • For today, we expect the index to hover within the 1,515-1,525 range.
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Daily Market Report - 17 July 2025
Daily Market Report - 17 July 2025
  • Wall Street rebounded after Trump downplayed reports that he will fire Jerome Powell from his post.
  • Meanwhile, the US 10-year yield inched lower at 4.459%.
  • Over in Hong Kong, the HSI ended lower due to late selling activities on concerns if the resumption of some sales of Nvidia chips to China may be derail again from the ongoing tension between the 2 countries.
  • Back home, the FBM KLCI declined to around the 1,510 mark as the selling by foreign funds gathered pace.
  • If such selling persist, then we may encounter another prolonged consolidation phase.
  • For today, we expect the index to hover within the 1,500-1,510 range.
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Daily Market Report - 16 July 2025
Daily Market Report - 16 July 2025
  • Wall Street closed on a mixed note on worries over the US inflation and a mixed bag of earnings from big banks.
  • The CPI for June increased 0.3%, putting the annual inflation rate at 2.7%.
  • As such, the US 10-year yield climbed higher at 4.491%.
  • Over in Hong Kong, the HSI ended above the 24,500 mark after China’s 2Q economic growth came in higher than expected.
  • Back home, the FBM KLCI surprisingly slumped to below the 1,530 level mainly due to aggressive selling late in the session.
  • We suspect this could again from the foreign funds which had been quite well behaved of late.
  • For today, we expect the index to trend within the 1,520-1.530 range.
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Daily Market Report - 15 July 2025
Daily Market Report - 15 July 2025
  • Wall Street ended higher despite Trump’s latest threats to impose higher tariffs on more countries.
  • Traders are also monitoring earnings which are expected to be out this week.
  • Meanwhile, the US 10-year yield edged higher at 4.437%.
  • Over in Hong Kong, the HSI improved slightly to stay above the 24,000 level as sentiment was buoyed by better economic data as China’s exports rose 5.8% as against the forecast of 3.6%.
  • On the home front, the FBM KLCI managed to strengthen marginally following a lacklustre trading day.
  • Though the impact from the OPR cut was not immediately felt, we believe going forward, market velocity should improve.
  • For today, we expect the index to remain within a tight trading range of between 1,535-1,545.
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Daily Market Report - 14 July 2025
Daily Market Report - 14 July 2025
  • Wall Street ended lower as traders are digesting on Trump’s latest hefty tariffs on its trading partners.
  • Hence, these have revived new concerns the potential impacts from tariffs that are likely to spur inflation and hurt economic growth.
  • These uncertainties have pushed the US 10-year yield higher to 4.417%.
  • Over in Hong Kong, the HSI closed higher on expectations of better earnings from certain industries whilst hoping for additional easing policies from Beijing.
  • Back home, the FBM KLCI closed flat amid a rather unusual trading activity.
  • Nonetheless, we believe the local bourse is well supported within the current trading range, thus expect the index to hover between the 1,535-1,545 range today
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