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Asian markets settle higher on Wednesday

Indonesian market was closed for Hindu Saka New Year holidays and resume on March 25

Asian markets settled higher on Wednesday tracking Wall Street’s gains overnight. Investors were focusing on Fed Chair Jerome Powell's upcoming remarks for guidance on the Fed's stance regarding inflation, the labour market, and future rate paths. Risk appetite was also lifted by reports that Nvidia has secured approval from both the US and Chinese governments to sell and import its advanced H200 AI chips in the Chinese mainland, a significant reversal following over a year of tight restrictions. Japanese shares rose, with technology shares lead the rebound. Further, Japan’s exports rose 4.2% YoY to 9,571.6 billion Yen in February 2026. Indonesian market was closed for Hindu Saka New Year holidays and resume on March 25.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,062.98

13.08

0.32

Hang Seng

26,025.42

156.88

0.61

Jakarta Composite

--

--

--

KLSE Composite

1,729.81

18.82

1.10

Nikkei 225

55,239.40

1,539.01

2.87

Straits Times

5,002.17

66.20

1.34

KOSPI Composite

5,925.03

284.55

5.04

Taiwan Weighted

34,348.58

512.01

1.51