Asian markets settled mostly down on Wednesday as Treasury yields advanced with uncertainty about US Fed's policy path overshadowed optimism from China’s reopening plans. Moreover, overnight fall in Wall Street shares also dampened markets' sentiments. Japanese shares fell on lingering worries over China's Covid-19 situation. While, data showed Japan's industrial output declined for the third month in a row in November. However, Hong Kong shares rallied after Chief Executive John Lee announced further easing of its Covid restrictions.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,087.40 | -8.17 | -0.26 |
Hang Seng | 19,898.91 | 305.85 | 1.56 |
Jakarta Composite | 6,850.52 | -72.51 | -1.05 |
KLSE Composite | 1,480.11 | 5.42 | 0.37 |
Nikkei 225 | 26,340.50 | -107.37 | -0.41 |
Straits Times | 3,266.97 | 0.59 | 0.02 |
KOSPI Composite | 2,280.45 | -52.34 | -2.24 |
Taiwan Weighted | 14,173.10 | -155.33 | -1.08 |