Asian markets settled mostly higher on Wednesday on expectations of a possible end to the Russia-Ukraine conflict after Russia promised to scale down military operations around Ukraine's capital Kyiv. Chinese shares gained with hopes for additional policy support to shore up the world’s second largest economy. Although, the eastern part of China’s financial hub of Shanghai city is in its third day of a lockdown. Japanese shares ended lower as investors booked profits heading into the end of the fiscal year.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,266.60 | 62.66 | 1.96 |
Hang Seng | 22,232.03 | 304.40 | 1.39 |
Jakarta Composite | 7,053.19 | 41.50 | 0.59 |
KLSE Composite | 1,583.22 | -0.20 | -0.01 |
Nikkei 225 | 28,027.25 | -225.17 | -0.80 |
Straits Times | 3,442.61 | 8.71 | 0.25 |
KOSPI Composite | 2,746.74 | 5.67 | 0.21 |
Taiwan Weighted | 17,740.56 | 191.90 | 1.09 |