Asian markets settled mostly down on Wednesday, despite Wall Street’s marginal gains overnight following expectations that US Federal Reserve would begin to cut interest rates sooner than earlier thought. Chinese shares declined amid caution ahead of release of PMI readings from China. Meanwhile, troubled property developer China Evergrande dropped following reports that its property services group was suing the parent company to recover deposit guarantees. Japanese shares dropped on profit booking after last week's rally.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,021.69 | -16.86 | -0.56 |
| Hang Seng | 16,993.44 | -360.70 | -2.12 |
| Jakarta Composite | 7,036.09 | -4.98 | -0.07 |
| KLSE Composite | 1,446.07 | -1.95 | -0.13 |
| Nikkei 225 | 33,321.22 | -87.17 | -0.26 |
| Straits Times | 3,084.70 | 18.76 | 0.61 |
| KOSPI Composite | 2,519.81 | -1.95 | -0.08 |
| Taiwan Weighted | 17,370.56 | 29.31 | 0.17 |
