Asian markets ended mostly higher on Wednesday even with caution ahead of US inflation data due this week for clues on future interest rate hikes. US inflation is expected to show an annual 3.3 percent in July, up from 3 percent in the previous month. However, Chinese shares dropped due to worries over slowing growth in the world's second largest economy. China reported a 0.3% drop in consumer prices in July from a year ago, and a 4.4% year-on-year drop in producer prices in July, data showed. Japanese shares declined by tracking Wall Street ‘s overnight fall due to Moody’s downgrades in credit rating of some US banks.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,244.49 | -16.13 | -0.50 |
| Hang Seng | 19,246.03 | 61.86 | 0.32 |
| Jakarta Composite | 6,875.11 | 6.30 | 0.09 |
| KLSE Composite | 1,462.03 | 11.03 | 0.76 |
| Nikkei 225 | 32,204.33 | -172.96 | -0.54 |
| Straits Times | -- | -- | -- |
| KOSPI Composite | 2,605.12 | 31.14 | 1.20 |
| Taiwan Weighted | 16,870.94 | -6.13 | -0.04 |
