Asian markets ended higher on Thursday amid slightly easing worries about inflation following a drop in commodity prices. Traders were also picking up stocks at a bargain after the recent sell-off due to the escalation in the Russia-Ukraine conflict and stringent sanctions imposed on Russia. Traders also remained optimistic amid ongoing talks to diffuse the Russia-Ukraine crisis, with Ukraine President Volodymyr Zelensky no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russia's stated reasons for invading its pro-Western neighbour. Chinese markets ended higher after Ukraine said it is ready to make reasonable concessions to end the war.
| Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,296.09 | 39.70 | 1.22 |
| Hang Seng | 20,890.26 | 262.55 | 1.27 |
| Jakarta Composite | 6,924.01 | 59.57 | 0.87 |
| KLSE Composite | 1,580.53 | 18.20 | 1.16 |
| Nikkei 225 | 25,690.40 | 972.87 | 3.94 |
| Straits Times | 3,240.73 | 45.35 | 1.42 |
| KOSPI Composite | 2,680.32 | 57.92 | 2.21 |
| Taiwan Weighted | 17,433.20 | 417.84 | 2.46 |
