Trader’s Look at Market – “KLCI Rises Amid Caution!” (22 Jan 2025)

Bryant Moomoo MY joined discussion · Jan 22 09:55

Global Market
$Dow Jones Industrial Average (.DJI.US)$ + 1.42%
$NASDAQ (NASDAQ.US)$ +0.64%
$S&P 500 Index (.SPX.US)$ + 0.88%

Wall Street's main indexes edged up on Yesterday, as investors assessed President Donald Trump's executive orders after taking office, while awaiting his first move on trade policy and Trump says he’s still weighing 10% Tariff threat on China.

$Netflix (NFLX.US)$ added 18.9 million subscribers in Q4, reaching 302 million globally, driven by popular content and live events like NFL games. It raised prices, exceeded earnings estimates, and doubled ad revenue and shares surged 13% yesterday!

Local Market
The $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ rose 0.1% to 1,582.69 but faces cautious foreign fund flows under the new U.S. administration.
Local currency goes up further to settle at 4.4630 while Malaysia govvy 10 years yield maintained and closed at 3.828% and Palm Oil Futures closed at 4,221.

Sectoral performance (%)

Trader’s Look at Market – “KLCI Rises Amid Caution!” (22 Jan 2025)

Malaysia equity flow (MYR million)

Foreign investment in Malaysia still remains an outflow at the moment but the local and institutional buyers looking more positive toward the coming month.

Mah Sing Shares Climb Most Since August After Company Buys Land
Shares climb as much as 8.7%, the most since Aug. 6; trading volume 5.9x of three-month, full-day average and.