Singaporean and Hong Kong stock markets saw slight declines today, as cautious regional sentiment spread to Bursa Malaysia, capping the FBM KLCI's gains. US market futures also pointed to a softer opening, contributing to the overall subdued mood across Southeast Asian bourses. Investors are monitoring global economic indicators.
Today, cautious sentiment in regional markets impacted Bursa Malaysia. Singapore's Straits Times Index (STI) fell by 0.3%, while Hong Kong's Hang Seng Index (HSI) declined by 0.5%, primarily due to global growth slowdown concerns and China's economic data. This regional caution spread to the Malaysian market, limiting the FBM KLCI's gains. Furthermore, US stock index futures also indicated a potentially softer opening, further intensifying investors' wait-and-see approach. Despite this, specific sectors in the Malaysian domestic market, such as banking stocks, continued to show resilience, but the overall market remained constrained by external factors.
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