Asian markets settled lower on Wednesday, tracking Wall Street’s selloff overnight with caution ahead of the release of the Federal Reserve's latest minutes later in the day. Moreover, rising geopolitical tensions and anticipation of higher interest rates by the US Fed also dampened market sentiments. Chinese and Hong Kong shares declined after China said it wants to play a more active role aimed at finishing the Ukraine conflict.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,291.15 | -15.37 | -0.47 |
Hang Seng | 20,423.84 | -105.65 | -0.52 |
Jakarta Composite | 6,809.97 | -63.44 | -0.93 |
KLSE Composite | 1,464.00 | -10.01 | -0.68 |
Nikkei 225 | 27,104.32 | -368.78 | -1.36 |
Straits Times | 3,300.04 | -6.82 | -0.21 |
KOSPI Composite | 2,417.68 | -41.28 | -1.71 |
Taiwan Weighted | 15,418.77 | -144.23 | -0.94 |
