Asia Pacific Portfolio Strategy Asian equity market daily update

Portfolio Strategy Research 13 August 2026 | 8:08PM SGT

Asia-Pacific Portfolio Strategy: Asian equity market daily update

The MXAPJ Index rose 0.8% today. Korea and Taiwan markets outperformed, while Timothy Moe, CFA | Philippines and China markets underperformed. Within MXAPJ sectors, Info Tech and Goldman Sachs (Singapore) Pte

Industrials led while Comm Serv and Materials lagged. MSCI Japan also rose 0.8% Alvin So, CFA | today. Goldman Sachs (Asia) L.L.C.

Sunil Koul For a detailed analysis, please see Korea: Positive strategic view intact despite sharp | Goldman Sachs International drawdown, Aug 4, 2026. Kinger Lau, CFA | Exhibit 1: The MXAPJ index has gained 21.9% YTD after gaining 27% in 2025, particularly Goldman Sachs (Asia) L.L.C.

led by Korea and Taiwan markets while dragged down by Indonesia, China, and India. John Kwon Sectorally, Info Tech and Industrials are leaders in 2026. | 2026 YTD 2026 YTD Goldman Sachs (Singapore) Pte 2025 USD 2026 FX Daily USD Index price return LOC price Impact USD price Amorita Goel, CFA return return price return | Goldman Sachs (Singapore) Pte MXAPJ 26.8% 22.7% -0.9% 21.9% 0.8% MXAPJ ex Korea ex Taiwan 16.2% -1.5% -0.8% -2.2% -0.6% By MSCI markets Indonesia -6.8% -32.7% -4.5% -37.2% -0.6% China (MXCN) 28.1% -9.0% -0.7% -9.7% -1.0% India 3.0% -3.1% -5.6% -8.8% -0.4% Malaysia 10.6% 4.0% -0.8% 3.1% -0.5% China-A (CSI300) 21.8% 0.7% 3.6% 4.3% -0.6% Hong Kong 29.3% 5.5% -0.8% 4.6% 0.3% Philippines -2.6% 10.4% -4.6% 5.8% -1.9% Australia 10.9% 7.1% 6.1% 13.2% -0.5% Japan 22.1% 23.1% -2.0% 21.0% 0.8% Thailand 3.1% 27.9% -6.3% 21.7% 0.1% Singapore 26.9% 21.9% 0.5% 22.4% -0.1% Taiwan 36.2% 64.5% -3.9% 60.7% 1.4% Korea 96.6% 81.6% 2.1% 83.7% 3.6% By MXAPJ GICS 1 sectors Comm Serv 37.3% -16.6% -3.7% -20.4% -2.3% Cons Disc 13.2% -5.3% -2.2% -7.6% -0.4% Cons Stap 1.8% -1.8% -0.2% -2.0% 0.0% Energy 14.5% 1.4% -2.1% -0.8% -0.8% Utilities 1.8% -3.3% 2.9% -0.5% 0.2% Real Estate 7.1% 3.6% 0.3% 3.9% -0.4% Health Care -0.3% 4.6% -0.4% 4.2% 0.0% Financials 20.8% 6.9% 0.3% 7.3% 0.0% Materials 31.9% 11.6% 1.4% 13.0% -1.6% Industrials 29.2% 18.9% -2.3% 16.7% 0.6% Info Tech 50.7% 79.1% -5.8% 73.2% 2.5%

Source: Bloomberg, FactSet, MSCI, Goldman Sachs Global Investment Research

Report priced as of Aug 13, 2026, 3:30pm HKT.

Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to

Goldman Sachs Asia-Paci昀c Portfolio Strategy

Exhibit 2: MSCI Asia-Paci昀c market indices valuation and potential return

Source: LSEG Data & Analytics, FactSet, MSCI, Goldman Sachs Global Investment Research