Southeast Asian markets generally trended higher today, with Singapore's Straits Times Index gaining 0.6%. The positive sentiment was fueled by a rebound in US technology stocks and optimism surrounding potential economic stimulus measures from China. This regional uplift provided a tailwind for Bursa Malaysia, contributing to the KLCI's gains.
On February 5, 2026, Southeast Asian stock markets generally trended upwards, primarily boosted by a strong rebound in US technology stocks overnight and market optimism over potential additional economic stimulus measures from China. Singapore's Straits Times Index rose 0.6%, while Hong Kong's Hang Seng Index also recorded a 1.1% gain. This positive regional sentiment provided a favorable external environment for the Malaysian stock market, further supporting the performance of the Kuala Lumpur Composite Index. Investor confidence in the global economic outlook has somewhat recovered, especially after major tech companies reported strong earnings. Analysts note that regional market interconnectedness is growing, and external factors' impact on local markets cannot be overlooked.
Share: