Asian markets ended mostly lower on Wednesday after hotter than expected US inflation print. Data showed that US CPI increased 0.3% sequentially in June, putting the annual inflation rate at 2.7% and matching consensus estimates. The so-called core CPI grew 0.2% month over month and 2.9% year-on-year. Market sentiments weakened further after US President Donald Trump announced a 19% tariff on Indonesian exports under a new bilateral pact. Japanese shares ended almost flat with negative momentum due to US tariff worries and uncertainty surrounding the elections to the upper house.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,503.78 | -1.22 | -0.03 |
| Hang Seng | 24,517.76 | -72.36 | -0.30 |
| Jakarta Composite | 7,192.02 | 51.55 | 0.72 |
| KLSE Composite | 1,511.50 | -13.90 | -0.91 |
| Nikkei 225 | 39,663.40 | -14.62 | -0.04 |
| Straits Times | 4,132.25 | 12.43 | 0.30 |
| KOSPI Composite | 3,186.38 | -28.90 | -0.91 |
| Taiwan Weighted | 23,042.90 | 206.96 | 0.90 |
