On February 5, 2026, Asian markets showed mixed performance, with Singapore's Straits Times Index up 0.4% and Hong Kong's Hang Seng Index down 0.2%. Strong earnings from US tech giants buoyed regional tech stocks, but concerns over China's economic data tempered overall gains, leading to cautious trading across the region.
On February 5, 2026, Asian stock markets displayed a mixed performance. Singapore's Straits Times Index (STI) rose 0.4% to close at 3250 points, primarily supported by banking stocks and real estate investment trusts. Concurrently, Hong Kong's Hang Seng Index (HSI) declined 0.2% to 15980 points, weighed down by concerns over China's slowing economic growth and persistent pressure on its property sector. However, strong overnight earnings reports from US tech giants, particularly optimistic outlooks from Artificial Intelligence (AI)-related companies, provided a boost to overall sentiment for Asian tech stocks, offering some support to regional markets. Malaysia's Kuala Lumpur Composite Index (KLCI) also benefited from this optimistic mood, though investors remained cautious about the pace of China's economic recovery.
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