Asian markets settled mostly higher on Wednesday, despite thin trading volumes as markets in Taiwan, China and Hong Kong were remained closed for the Lunar New Year celebrations. Sentiments improved further, backed by easing recession fears and expectations of a less aggressive interest rate hikes from the US Federal Reserve. Although, a slew of disappointing US earnings reports and hotter-than-expected inflation data in Australia, capped further gains in Asian market equities.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | -- | -- | -- |
Hang Seng | -- | -- | -- |
Jakarta Composite | 6,829.93 | -30.92 | -0.45 |
KLSE Composite | 1,499.45 | -0.88 | -0.06 |
Nikkei 225 | 27,395.01 | 95.82 | 0.35 |
Straits Times | 3,352.77 | 59.06 | 1.76 |
KOSPI Composite | 2,428.57 | 33.31 | 1.37 |
Taiwan Weighted | -- | -- | -- |
