Asian markets ended mostly lower on Wednesday with caution ahead to the release of the Federal Reserve's latest monetary policy meeting minutes as well as the US jobs report for further clues on the US central bank’s rate-hike path. Chinese shares declined after a private survey showed China's services activity expanded at the slowest pace in five months in June, adding to worries about a faltering post-pandemic recovery in China. Goldman Sachs downgraded ratings on some Chinese banks. Meanwhile, the au Jibun Bank Flash Japan Services Business Activity Index eased to 54 in June 2023 from a series record 55.9 in May 2023.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,222.95 | -22.40 | -0.70 |
| Hang Seng | 19,110.38 | -305.30 | -1.60 |
| Jakarta Composite | 6,718.98 | 37.23 | 0.55 |
| KLSE Composite | 1,389.90 | -2.59 | -0.19 |
| Nikkei 225 | 33,338.70 | -83.82 | -0.25 |
| Straits Times | 3,185.38 | -18.39 | -0.58 |
| KOSPI Composite | 2,579.00 | -14.31 | -0.55 |
| Taiwan Weighted | 17,056.43 | -84.34 | -0.49 |
