Asian markets settled mostly higher on Wednesday, tracking overnight gains in Wall Street, despite caution ahead of the US Fed meeting outcome later in the day. Meanwhile, the International Monetary Fund revised upward its global growth projections for 2023 to 2.9% from 2.7% in its October World Economic Outlook report. Chinese shares rose after data showed China’s Caixin/ S&P Global PMI manufacturing index rose to 49.2 in January from 49 in December. Japanese shares ended on flat note as a survey showed factory activity in Japan shrank for a third month in January.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,284.92 | 29.25 | 0.89 |
Hang Seng | 22,072.18 | 229.85 | 1.04 |
Jakarta Composite | 6,862.26 | 22.92 | 0.33 |
KLSE Composite | 1,485.50 | -13.89 | -0.93 |
Nikkei 225 | 27,346.88 | 19.77 | 0.07 |
Straits Times | 3,377.65 | 11.98 | 0.35 |
KOSPI Composite | 2,449.80 | 24.72 | 1.01 |
Taiwan Weighted | 15,420.13 | 154.93 | 1.00 |