Market Summary & Outlook: Malaysia and Global

Wall Street Rebound: Despite an early slump, markets recovered after President Trump announced a pause on Mexico tariffs.

• Dow: -0.3%

• S&P 500: -0.8%

• Nasdaq: -1.2%

• Europe: Stocks declined due to Trump’s tariff threats on the EU and UK.

• Asia: Markets tumbled on trade war fears.

• Nikkei: -2.7%

• Kospi: -2.5%

• Hang Seng: Flat

• China: Closed for Lunar New Year

Market Outlook: Malaysia

Consolidation Expected: Limited upside due to a lack of fresh catalysts and persistent foreign fund outflows.

Key Risks: Global trade war fears and heightened market volatility.

Potential Positives: Tariff pause on Mexico and Canada may provide temporary relief.

• Upcoming Data to Watch:

• PMI Data (US, Europe, China)

• US Jobs Report (Friday)

Potential Gainers:

• Utilities & Construction: Bargain hunting may continue after the pre-holiday sell-off.

• Hospital Operators & REITs: Defensive stocks may attract buying amid volatility.

• Overall Strategy: Investors may take a cautious stance, with some positioning in defensive sectors.