On February 5, regional markets across Asia generally weakened, with Hong Kong's Hang Seng Index falling 0.9% and Singapore's Straits Times Index declining 0.7%. This reflects investor concerns over slowing global economic growth and the outlook for the US Federal Reserve's monetary policy. The cautious sentiment impacted broader Southeast Asian equities, leading to a risk-off environment.
Today, February 5, regional markets across Asia generally showed weakness, impacting sentiment in the Malaysian stock market. Hong Kong's Hang Seng Index fell 0.9% to close at 15,850 points, primarily dragged down by technology and property stocks. Singapore's Straits Times Index also declined 0.7% to 3,150 points, as investors expressed concerns over regional economic prospects and global trade tensions. Overnight, US markets were subdued, with the Dow Jones Industrial Average closing marginally down 0.1%, further contributing to cautious sentiment in Asia. Investors are closely monitoring signals from the US Federal Reserve regarding future interest rate paths and the progress of China's economic recovery. This regional risk-off sentiment made it challenging for the Kuala Lumpur Composite Index to achieve significant breakthroughs, keeping it within a narrow trading range.
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