Asian markets settled mostly higher on Wednesday, with Japanese markets leading regional gains as the yen plunged after the Bank of Japan maintained its ultra-low interest rates, despite data that showed Japan's core machinery orders fell more than expected in November. Chinese shares traded almost flat after experts cautioned that a massive spike in Covid-19 cases and fatalities is expected to hit China post the holiday season. Although, South Korean shares declined driven by growing fears of a potential recession this year.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,224.41 | 0.17 | 0.01 |
Hang Seng | 21,678.00 | 100.36 | 0.46 |
Jakarta Composite | 6,765.79 | -1.55 | -0.02 |
KLSE Composite | 1,495.50 | -3.88 | -0.26 |
Nikkei 225 | 26,791.12 | 652.44 | 2.44 |
Straits Times | 3,289.55 | 9.04 | 0.27 |
KOSPI Composite | 2,368.32 | -11.07 | -0.47 |
Taiwan Weighted | -- | -- | -- |