Asian markets settled lower on Wednesday tracking a sharp fall in US stocks overnight as investors worried about uncertainty over the US Federal Reserve’s interest rate hikes. Meanwhile, US recession fears also weighed on the market sentiments. Chinese shares dipped after data showed China's exports and imports both shrank at their steepest pace in at least 2-1/2 years in November. Although, some losses were capped after US senators called back a proposal that placed new curbs on semiconductor sales to China.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,199.62 | -12.91 | -0.40 |
Hang Seng | 18,814.82 | -626.36 | -3.22 |
Jakarta Composite | 6,818.75 | -73.82 | -1.07 |
KLSE Composite | 1,466.88 | -4.67 | -0.32 |
Nikkei 225 | 27,686.40 | -199.47 | -0.72 |
Straits Times | 3,225.45 | -26.92 | -0.83 |
KOSPI Composite | 2,382.81 | -10.35 | -0.43 |
Taiwan Weighted | 14,630.01 | -98.87 | -0.67 |
