Daily-Wrap

Over the last five trading sessions, the index has gained 1.61%, while remaining largely unchanged on a year-to-date basis. Market breadth was notably positive, with ten of the 11 sectors finishing in the green alongside the broader index.

Telecommunications Services and A-REITs also recorded notable gains, rising 0.85% and 0.76%, respectively, while Consumer Discretionary advanced 0.51%. On the downside, Energy was the weakest performer, declining 1.15%, making it the largest drag on the market. Consumer Staples and Utilities also ended lower, falling …

Macro Update:The war in Iran has disrupted global financial markets, reducing risk appetite among investors and market makers and making trading more difficult and costly. As per Reuters, major asset classes, including U.S. Treasuries, gold, and currencies, have been affected. In Europe, hedge funds …

Sector performance was mixed, with 7 of the 11 sectors finishing in negative territory alongside the broader index. Information technology led decliners, falling 1.53%, while A-REITs dropped 0.91% and industrials slipped 0.41%. Consumer discretionary and financials also edged lower.

On the positive side, Health Care gained 0.87%, Utilities rose 0.34%, and Consumer Staples posted a modest increase of 0.09%, while Industrials also recorded a slight uptick. Overall, the session reflected a split market, with gains in a majority of sectors offset by sharper …

Gains were also seen across healthcare, consumer discretionary, and technology, while energy stood out as the key laggard, declining during the session. Despite the day’s rally, the index remains under pressure, down 1.23% over the past week and 2.07% year to date, highlighting ongoing …

Macro Update:The US–Israel conflict with Iran is sending shockwaves through the global economy, fuelling concerns of renewed inflationary pressure that could force policymakers to raise borrowing costs. A major disruption has emerged in the Strait of Hormuz, through which roughly one-fifth of the world’s …