Asian markets ended mixed on Wednesday after a modestly higher close on Wall Street overnight. Moreover, lingering worries over recession and surging new Covid-19 cases in China also added more pressure on market sentiments. Japanese shares extended losses following the Bank of Japan’s (BoJ) unexpected tweak to its bond yield control program. BoJ decided to allow the 10-year bond yields move 50 basis points either side of its 0% target, wider than the previous 25 basis point band.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,068.41 | -5.36 | -0.17 |
Hang Seng | 19,160.49 | 65.69 | 0.34 |
Jakarta Composite | 6,820.66 | 52.34 | 0.77 |
KLSE Composite | 1,462.55 | -4.77 | -0.33 |
Nikkei 225 | 26,387.72 | -180.31 | -0.68 |
Straits Times | 3,256.19 | 2.22 | 0.07 |
KOSPI Composite | 2,328.95 | -4.34 | -0.19 |
Taiwan Weighted | 14,234.40 | 64.37 | 0.45 |