Asian markets ended mostly higher on Wednesday tracking Wall Street's gains overnight as renewed enthusiasm for artificial intelligence offset inflation fears and Fed rate hike expectations. Japanese shares gained after the cabinet approved a 3.1 trillion-yen supplementary budget aimed at cushioning the economic impact of rising energy costs caused by middle east tensions. Chinese shares rose after a private survey showed China's services activity expanded at the fastest pace in three months in May, driven by stronger growth in new business and a rebound in overseas demand. Meanwhile, stock market of south Korea was closed for Election Day.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 4,083.97 | 8.87 | 0.22 |
| Hang Seng | 25,633.21 | -405.11 | -1.56 |
| Jakarta Composite | 5,941.07 | -254.36 | -4.28 |
| KLSE Composite | 1,672.74 | -10.33 | -0.61 |
| Nikkei 225 | 68,402.13 | 1,667.89 | 2.50 |
| Straits Times | 5,138.24 | 40.82 | 0.80 |
| KOSPI Composite | -- | -- | -- |
| Taiwan Weighted | 46,459.16 | 901.85 | 1.98 |
