Asian equity markets ended mostly higher on Wednesday followed Wall Street’s gains after Federal Reserve Chair Janet Yellen offered another dovish outlook on the US economy and the pace of rate hikes, citing heightened global risks. China stocks enjoyed their best day in a month, with main indexes jumping more than 2 percent, as the mainland market joined a global rally after US Federal Reserve remarks hosed down expectations of imminent interest rate hikes. However, Japanese shares bucked the regional uptrend as the yen strengthened and weak industrial production data pointed to further softness in the economy. Japan's industrial output dropped 6.2 percent in February from the previous month, the most since March 2011, as production of vehicles, electronic devices and manufacturing equipment dropped.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,000.65 | 80.81 | 2.77 |
| Hang Seng | 20,803.39 | 437.09 | 2.15 |
| Jakarta Composite | 4,816.65 | 35.36 | 0.74 |
| KLSE Composite | 1,717.82 | 2.78 | 0.16 |
| Nikkei 225 | 16,878.96 | -224.57 | -1.31 |
| Straits Times | 2,872.78 | 53.70 | 1.90 |
| KOSPI Composite | 2,002.14 | 7.23 | 0.36 |
| Taiwan Weighted | 8,737.04 | 119.69 | 1.39 |