Asian regional stock markets showed mixed performance on Friday. Hong Kong's Hang Seng Index faced pressure due to weaker-than-expected Chinese economic data, while Singapore's Straits Times Index managed to post a marginal gain, reflecting divergent investor sentiments across the region.
KUALA LUMPUR, March 14 – Regional stock markets presented a complex picture in Friday's trading session. Hong Kong's Hang Seng Index declined 0.9%, primarily influenced by China's recently released industrial production and retail sales data, which fell below expectations, intensifying concerns about the strength of China's economic recovery. Concurrently, Singapore's Straits Times Index edged up 0.2%, supported by some banking stocks and real estate investment trusts. US stock futures also showed a subdued performance during Asian trading hours, as markets awaited key US inflation data due next week. Analysts believe regional markets will continue to be swayed by global macroeconomic trends and policy adjustments from major economies.
Share: