Asian markets settled lower on Wednesday tracking Wall Street's weak finish overnight amid renewed inflation fears, while investors also awaited the Federal Reserve’s meeting minutes to figure out officials' view on US economy. Japanese shares declined as a top medical organization threw its weight behind calls to cancel this year’s Tokyo Olympics and saying that hospitals in Japan are already overwhelmed as the country battles a surge in Covid-19 infections less than three months from the start of the Games. Moreover, Chinese shares finished lower amid increased Sino-US tensions after a US warship again sailed through the sensitive waterway that separates Taiwan from China. Meanwhile, markets in South Korea and Hong Kong were closed for Buddha's birthday and National Day, respectively.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,510.96 | -18.05 | -0.51 |
Hang Seng | - | - | - |
Jakarta Composite | 5,760.58 | -73.81 | -1.27 |
KLSE Composite | 1,576.58 | -14.74 | -0.93 |
Nikkei 225 | 28,044.45 | -362.39 | -1.28 |
Straits Times | 3,105.48 | -37.15 | -1.18 |
KOSPI Composite | - | - | - |
Taiwan Weighted | 16,132.66 | -13.32 | -0.08 |
