Asian markets settle mostly higher on Wednesday

South Korea’s Kospi index rebounded from a historic 9.99% plunge after heavyweight Samsung Electronics surged 9.84% on news of a massive 90 trillion won share buyback programAsian markets settle mostly higher on Wednesday – Latest News


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24 Jun 2026
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Asian markets settled mostly higher on Wednesday, despite Wall Street’s overnight tech sell-off driven by expectations of a more hawkish US Federal Reserve stance and the possibility of two interest rate hikes this year rather than one. Markets eagerly awaited Thursday’s US PCE Price Index data for fresh direction. South Korea’s Kospi index rebounded from a historic 9.99% plunge after heavyweight Samsung Electronics surged 9.84% on news of a massive 90 trillion won share buyback program. Hong Kong shares rose, snapping a five-day losing streak after signs of progress in US-Iran peace talks eased concerns over potential disruptions to global energy supplies. Lower oil prices amid indications that more tankers stranded in the Gulf since the start of the Iran war were beginning to move through the Strait of Hormuz, helped reduce inflation worries and boosted appetite for risk assets across markets. However, Japanese markets fell notably as the Bank of Japan signalled further interest rate hikes in a summary of opinions from its June board meeting.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,110.81

4.56

0.11

Hang Seng

23,412.18

75.90

0.33

Jakarta Composite

5,883.88

-217.45

-3.70

KLSE Composite

1,682.13

2.21

0.13

Nikkei 225

69,174.97

-613.41

-0.88

Straits Times

5,215.99

10.25

0.20

KOSPI Composite

8,471.02

267.18

3.26

Taiwan Weighted

46,043.60

-1,057.05

-2.24


 

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