Weak Asian Bourses Drag Regional Markets, Hong Kong's Hang Seng Leads Decline

February 5, 2026
Global Markets
Reuters

Asian stock markets generally declined today, with Hong Kong's Hang Seng Index leading the fall, down 1.5%. Investor concerns over China's economic data and the Federal Reserve's policy path exacerbated the pessimistic sentiment across regional markets. This broad weakness influenced Bursa Malaysia, contributing to its own modest decline.

On February 5, 2026, major Asian stock markets generally showed weakness, putting pressure on regional markets including Malaysia. Hong Kong's Hang Seng Index led the decline, falling 1.5%, primarily due to uncertainties surrounding China's economic recovery prospects and a correction in technology giant share prices. Japan's Nikkei 225 and Singapore's Straits Times Index also fell by 0.7% and 0.4% respectively. Investor uncertainty regarding the Federal Reserve's future interest rate cut path and concerns about slowing global economic growth collectively contributed to the cautious sentiment across regional markets. This external pressure was one of the main factors contributing to the FBM KLCI's decline today, highlighting the increasing impact of global macroeconomic dynamics on local market sentiment.
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