Regional Markets Mixed, US Tech Sell-off Impacts Asia

March 4, 2026
Global Markets
Reuters

On March 4, 2026, Southeast Asian stock markets displayed mixed performance, influenced by an overnight sell-off in US technology stocks. Singapore and Hong Kong markets also faced pressure as investors reacted to global tech sector concerns, leading to cautious trading across the region and a preference for defensive assets.

On March 4, 2026, Asian regional stock markets showed mixed performance, primarily influenced by an overnight pullback in US technology stocks. The Nasdaq's 1.5% decline triggered a sell-off in Asian tech shares. Singapore's Straits Times Index fell 0.3% to 3,180 points, while Hong Kong's Hang Seng Index dropped 0.8% to 16,350 points. Malaysia's KLCI, despite being boosted by energy stocks, saw its overall gains capped. Meanwhile, Indonesia's Jakarta Composite Index and Thailand's SET Index recorded slight gains, demonstrating resilience in certain regional markets. Investors are closely monitoring global central bank monetary policy trajectories and geopolitical tensions for their impact on global supply chains.
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