*Daily Market Update*
Indicative as of 25/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : +0.35%
NASDAQ : +0.16%
STOXX : +1.18%
FBM KLCI : +0.07%
Shanghai : -3.10%
HSI : -1.89%
Nikkei : +0.68%
_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4622 , -0.17%
GBPMYR : 5.6218 , +0.51%
AUDMYR : 2.9217 , +0.73%
SGDMYR : 3.3229 , +0.29%
EURMYR : 4.6769 , +0.61%
MYRHKD : 1.7442 , +0.17%
MYRIDR : 3557.7400 , +0.14%
MYRTHB : 7.7041 , -0.20%
MYRCNY : 1.6217 , +0.00%
MYRJPY : 34.5600 , -0.01%
Gold Spot : 2704.0900 , -0.45%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.61% , +1 bps
MGS 10 year : 3.81% , -0 bps
MGS 20 year : 4.06% , -0 bps
MGS 30 year : 4.18% , +0 bps
_Source: Bloomberg_
*Daily News*
*China Investors Digest Another Letdown From Big Tech Earnings*
Top five stocks erase $41 billion in market value in past week
Sector no longer driving structural growth; Daiwa
*Bond Market Halts Brutal Run as Buyers Pounce on 4.5% Yields*
Traders still see uncertainty over US fiscal, Fed policy paths
Options traders are placing wagers to profit if yields do rise
*Adani Charges to Test Trump’s Desire to Keep India in US Orbit*
US seeking to strengthen ties with India to counter China
The case is another reminder of long reach of US law
*Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar*
Key Square’s Scott Bessent also signaled strong tariff support
His remit would include debt management, sanctions, IRS
*Bitcoin Treads Water Near $100,000 With Next Big Target In Sight*
Digital-asset adherents see the six-figure level as validation
Pro-crypto President-elect Trump has sparked a market jump
_Source: Bloomberg_
Indonesia