Asian markets settled mostly down on Wednesday, tracking overnight fall in Wall Street shares as another round of US debt ceiling talks ended without resolution. Market sentiments weakened further with expectations that the US central bank will keep interest rates higher for longer this year. Chinese markets dropped amid mounting concerns over the outlook for the Chinese economy. Japanese shares declined despite Japan’s business sentiment among manufacturers turned positive for the first time in 2023.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,204.75 | -41.49 | -1.29 |
| Hang Seng | 19,115.93 | -315.32 | -1.65 |
| Jakarta Composite | 6,745.80 | 9.12 | 0.14 |
| KLSE Composite | 1,409.62 | -1.92 | -0.14 |
| Nikkei 225 | 30,682.68 | -275.09 | -0.90 |
| Straits Times | 3,214.21 | -3.87 | -0.12 |
| KOSPI Composite | 2567.45 | -0.10 | 0.00 |
| Taiwan Weighted | 16,159.32 | -28.71 | -0.18 |
