Asian markets ended mostly higher on Thursday following the broadly positive cues from the US markets overnight. Japanese markets ended higher as the yen's rapid depreciation raised hopes for better outlook for exporters. Seoul stocks eked out modest gains to rebound from a seven-week low hit the previous day, as the dollar rally paused, and Treasury yields eased. However, Chinese and Hong Kong markets ended on a subdued note on news of extended lockdowns in the Chinese city of Chengdu. A cautious undertone prevailed as investors awaited the ECB rate decision and a speech by US Federal Reserve Chair Jerome Powell.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,235.59 | -10.70 | -0.33 |
| Hang Seng | 18,854.62 | -189.68 | -1.00 |
| Jakarta Composite | 7,232.02 | 45.26 | 0.63 |
| KLSE Composite | 1,494.73 | 3.38 | 0.23 |
| Nikkei 225 | 28,065.28 | 634.98 | 2.31 |
| Straits Times | 3,233.61 | 22.78 | 0.71 |
| KOSPI Composite | 2,384.28 | 7.82 | 0.33 |
| Taiwan Weighted | 14,583.42 | 173.37 | 1.20 |
