Asian markets ended mostly higher on Wednesday ahead of US Federal Reserve Chair Jerome Powell's speech later in the day for interest-rate clues. Chinese shares rose marginally with expectations that China will eventually relax Covid-19 restrictions and reopen its economy, despite disappointing factory and services sector data. Although, Japanese shares declined following a mixed Wall Street overnight and after data showed industrial production in Japan shrank more than expected in October.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,151.34 | 1.59 | 0.05 |
Hang Seng | 18,597.23 | 392.55 | 2.16 |
Jakarta Composite | 7,081.31 | 69.24 | 0.99 |
KLSE Composite | 1,488.80 | 11.84 | 0.80 |
Nikkei 225 | 27,968.99 | -58.85 | -0.21 |
Straits Times | 3,290.49 | 14.13 | 0.43 |
KOSPI Composite | 2,472.53 | 39.14 | 1.61 |
Taiwan Weighted | 14,879.55 | 169.91 | 1.16 |