Asian markets settled mostly higher on Wednesday, even as caution prevailed ahead of the US President Donald Trump's sweeping tariffs announcement expected later in the day. A private report indicated that the White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, however, it noted White House advisers cautioned that several options are on the table and no final decision has been made which kept the investors on edge. Meanwhile, the Indonesian market remained closed for Eid-ul-Fitr holidays.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,350.13 | 1.69 | 0.05 |
| Hang Seng | 23,202.53 | -4.31 | -0.02 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,526.52 | 12.87 | 0.85 |
| Nikkei 225 | 35,725.87 | 101.39 | 0.28 |
| Straits Times | 3,954.21 | -14.64 | -0.37 |
| KOSPI Composite | 2,505.86 | -15.53 | -0.62 |
| Taiwan Weighted | 21,298.22 | 18.05 | 0.08 |
