Asian markets settled mixed on Wednesday ahead of policy decision from the US Federal Reserve later in the day for additional cues on the Federal Reserve's rate trajectory. Chinese shares declined sharply, despite reports that the Chinese government would step up policy adjustments to support an economic recovery in 2024. Meanwhile, disappointment over the lack of fresh stimulus measures from Beijing to revive the housing market also dampened Chinese markets. Japanese shares gained following Wall Street’s gains overnight, with Advantest and other chip-related stocks leading the gains.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,968.76 | -34.68 | -1.17 |
| Hang Seng | 16,228.75 | -145.75 | -0.90 |
| Jakarta Composite | 7,075.34 | -49.97 | -0.71 |
| KLSE Composite | 1,448.04 | 0.92 | 0.06 |
| Nikkei 225 | 32,926.35 | 82.65 | 0.25 |
| Straits Times | 3,104.26 | 1.95 | 0.06 |
| KOSPI Composite | 2,510.66 | -24.61 | -0.98 |
| Taiwan Weighted | 17,468.93 | 18.30 | 0.10 |
