Asian markets ended lower on Wednesday as recession worries deepened, while investors awaited an update from the FOMC meeting minutes due later in the day. Chinese shares declined as another wave of Covid infections across Shanghai rekindled fears of further lockdowns in the world’s second-largest economy. Seoul shares hit a 20-month low as bleak data from Europe fueled recession worries globally.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,355.35 | -48.68 | -1.43 |
Hang Seng | 21,586.66 | -266.41 | -1.22 |
Jakarta Composite | 6,646.41 | -56.86 | -0.85 |
KLSE Composite | 1,420.85 | -19.96 | -1.39 |
Nikkei 225 | 26,107.65 | -315.82 | -1.20 |
Straits Times | 3,103.66 | -0.45 | -0.01 |
KOSPI Composite | 2,292.01 | -49.77 | -2.13 |
Taiwan Weighted | 13,985.51 | -363.69 | -2.53 |