Report published May 14, 2026
Goldman Sachs: Asian Equity Market Daily Update - May 14, 2026
Goldman Sachs · May 14, 2026
The MXAPJ index rose 0.7% on May 14, 2026, bringing YTD gains to 22.3%, driven largely by Information Technology and strong performance in Korea and Taiwan. Valuation metrics indicate equities are becoming expensive relative to bonds with a yield gap of 330bp.
Read the remaining 4 pages
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.The MXAPJ Index rose 0.7% on the day, with Korea and Thailand outperforming.
- 2.The MXAPJ has gained 22.3% YTD, heavily driven by Korea (102.1%) and Taiwan (48.7%).
- 3.Asian equity valuations appear expensive relative to bonds, with the MXAPJ yield gap at 330bp.
Table of Contents
- Asian markets at a glance
- Market valuations
- Japan in a nutshell
- Performance and correlation heatmap
- Fund Flows and Liquidity
- Market breadth and baskets performance
- Macro environment and financial conditions
- Earnings revisions of regional markets and sectors
Report data
MXAPJ index performance
| Metric | Estimate | Context |
|---|---|---|
| MXAPJ Daily USD Return | 0.7% | Daily index price performance. |
| MXAPJ YTD USD Return | 22.3% | Year-to-date performance of the regional index. |
Reports in this series
Asian Equity Market Daily Update is shown in chronological order through this edition, published on May 14, 2026.
Part of the Asian Equity Market Daily Update series — view all 8 editions
Looking for the latest edition? Asia Pacific Portfolio Strategy Asian equity market daily update(108) (Oct 12, 2026)
Access the full report
And others from the leading tier 1 banks.
Free account: read previews and a daily allowance of full reports. Pro removes the daily limit.
Authors / Editors
Browse More
Related Reports
WUS: AI PCB Ramp up on Rising AI Server and Switch Demand; GM Improvement Driven by PCB Specification Upgrade
October 12, 2026
Europe Real Estate: 3Q26 Sector Preview
October 12, 2026
Japan Steel Works: Nikkei Report: Thales to Transfer 2R2M Mortar Production to JSW, Domestic Production to Start in 2027
October 12, 2026
The 720: China AI, CATL, HSBC, AIA, HK Ex, Inovance, Korea Banks, Largan, WUS, SG Banks, Shein
October 12, 2026
Americas Branded Consumer Goods: Apparel & Accessories: September Store Traffic Update
October 12, 2026