Asian markets end mostly lower on Wednesday
Japanese shares ended almost flat with negative momentum due to US tariff worries and uncertainty surrounding the elections to the upper house
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 |
