Asian markets settled mostly lower on Thursday after US Federal Reserve Chairman Jerome Powell affirming that more interest rate increases are likely ahead to contain stubbornly elevated inflation. Japanese shares declined by tracking Wall street stocks overnight. Although, Japanese central bank board member Asahi Noguchi said that the central bank had to maintain its ultra-loose policy in the near-term to ensure steady wage growth. Meanwhile, markets in China, Hong Kong and Taiwan were closed for the Dragon Boat Festival.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | -- | -- | -- |
| Hang Seng | -- | -- | -- |
| Jakarta Composite | 6,652.26 | -50.37 | -0.76 |
| KLSE Composite | 1,394.67 | 1.22 | 0.09 |
| Nikkei 225 | 33,264.88 | -310.26 | -0.93 |
| Straits Times | 3,222.43 | -1.23 | -0.04 |
| KOSPI Composite | 2,593.70 | 11.07 | 0.43 |
| Taiwan Weighted | -- | -- | -- |