Asian markets settled higher on Wednesday, buoyed by the tech rally ahead to key US mega cap earnings report due this week. Subdued trend in dollar, gold, crude oil and treasury bond yield notes also encouraged equity investments. Technical buying after the steep losses so far this month on wary over higher for longer interest rates and Middle east tensions. Intensified bets over Chinese corporate governance reforms, and dip in Hong Kong inflation rate also lifted investor sentiments. Nikkei soared with chip related stocks after upbeat earnings from Texas instruments. 34-year low local currency yen and optimism over accommodative monetary policy by BoJ also lifted Japanese stocks further.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,044.82 | 22.84 | 0.75 |
| Hang Seng | 17,201.27 | 372.34 | 2.16 |
| Jakarta Composite | 7,174.53 | 63.72 | 0.89 |
| KLSE Composite | 1,561.64 | 2.05 | 0.13 |
| Nikkei 225 | 38,460.08 | 907.92 | 2.36 |
| Straits Times | 3,293.13 | 20.41 | 0.62 |
| KOSPI Composite | 2,675.75 | 52.73 | 1.97 |
| Taiwan Weighted | 20,131.74 | 532.46 | 2.64 |
