Daily Market Update @ 28 Nov 2024
*Daily Market Update*
Indicative as of 28/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : -0.38%
NASDAQ : -0.60%
STOXX : -0.19%
FBM KLCI : +0.07%
Shanghai : +1.74%
HSI : +2.32%
Nikkei : -0.80%
_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4418 , -0.05%
GBPMYR : 5.6286 , +0.50%
AUDMYR : 2.8865 , +0.13%
SGDMYR : 3.3097 , +0.04%
EURMYR : 4.6874 , +0.31%
MYRHKD : 1.7519 , +0.04%
MYRIDR : 3587.7500 , +0.04%
MYRTHB : 7.7750 , +0.12%
MYRCNY : 1.6306 , +0.00%
MYRJPY : 34.1430 , +0.16%
Gold Spot : 2636.7100 , +0.03%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.60% , +0 bps
MGS 10 year : 3.81% , +1 bps
MGS 20 year : 4.06% , -0 bps
MGS 30 year : 4.18% , +0 bps
_Source: Bloomberg_
*Daily News*
*Hedge Funds Pile Into Japan’s $165 Billion Hidden Property Trade*
Hedge funds and private equity seek to unlock hidden value
Tokyo Gas, Fuji Soft among firms with big property holdings
*US Antitrust Watchdog Launches Broad Microsoft Investigation*
FTC has sent detailed information demand to Microsoft
Questions focus on software licensing, cybersecurity and AI
*Trump’s Trade Chief Advocates ‘Strategic Decoupling’ From China*
Jamieson Greer has been nominated as US Trade Representative
He supports revoking China’s permanent normal trade relations
*Chinese Stocks Jump as Stimulus Hopes Rise Ahead of Key Meeting*
CSI 300 jumps 1.7%, its biggest daily gain in three weeks
Traders are looking for fresh catalysts to revive rally
*Asian Stocks Fluctuate Into Holiday, Yields Slip*
Japanese equities swing, those for Australia advance
Australia, New Zealand yields fall, echoing move in Treasuries
_Source: Bloomberg_
Indicative as of 28/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : -0.38% NASDAQ : -0.60% STOXX : -0.19% FBM KLCI : +0.07% Shanghai : +1.74% HSI : +2.32% Nikkei : -0.80%_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4418 , -0.05% GBPMYR : 5.6286 , +0.50% AUDMYR : 2.8865 , +0.13% SGDMYR : 3.3097 , +0.04% EURMYR : 4.6874 , +0.31% MYRHKD : 1.7519 , +0.04% MYRIDR : 3587.7500 , +0.04% MYRTHB : 7.7750 , +0.12% MYRCNY : 1.6306 , +0.00% MYRJPY : 34.1430 , +0.16% Gold Spot : 2636.7100 , +0.03%_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.60% , +0 bps
MGS 10 year : 3.81% , +1 bps
MGS 20 year : 4.06% , -0 bps
MGS 30 year : 4.18% , +0 bps
_Source: Bloomberg_
*Daily News*
*Hedge Funds Pile Into Japan’s $165 Billion Hidden Property Trade*
Hedge funds and private equity seek to unlock hidden value
Tokyo Gas, Fuji Soft among firms with big property holdings
*US Antitrust Watchdog Launches Broad Microsoft Investigation*
FTC has sent detailed information demand to Microsoft
Questions focus on software licensing, cybersecurity and AI
*Trump’s Trade Chief Advocates ‘Strategic Decoupling’ From China*
Jamieson Greer has been nominated as US Trade Representative
He supports revoking China’s permanent normal trade relations
*Chinese Stocks Jump as Stimulus Hopes Rise Ahead of Key Meeting*
CSI 300 jumps 1.7%, its biggest daily gain in three weeks
Traders are looking for fresh catalysts to revive rally
*Asian Stocks Fluctuate Into Holiday, Yields Slip*
Japanese equities swing, those for Australia advance
Australia, New Zealand yields fall, echoing move in Treasuries
_Source: Bloomberg_
28 Nov 2024
