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Positive Sentiment From Renewed US-China Trade Negotiations Muddied By Continued Concerns Over China Economic Direction

Aug 17, 2018

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Data in Price Return, Source: Stockdio

Japanese Market

  • Japanese stocks closed in positive territory as optimism regarding a positive outcome from lower level Sino-American trade talks, scheduled to be held next week, drove investor outlook higher
  • The Nikkei 225 finished up 0.35% and the Topix closed up 0.62%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 2.52x
  • 5 stocks in the Nikkei 225 hit 4-week highs while 108 stocks reached 4-week lows
  • 2 stocks in the Nikkei 225 closed overbought while 19 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently down 0.343% against the USD$ to 110.52
  • Japan 2-Year Government Bonds are higher with yields down 1.1 basis points to -0.129%
  • Japan 10-Year Government Bonds are higher with yields down 0.4 basis points to 0.098%
  • JGBs 2s-10s Spread has widened 0.7 basis points to 0.23%

Chinese Market

  • Hong Kong stocks finished higher today, while Mainland China stocks traded lower, as positive sentiment from renewed US-China trade dialog was muddied by concerns over the direction of the Chinese economy
  • The Hang Seng closed up 0.42%, Hang Seng China Enterprise advanced 0.33%, and the CSI 300 retreated 1.44%
  • Investor sentiment for Hong Kong stocks finished neutral with the advance/decline ratio for the Hang Seng closing at 1x
  • 3 stocks in the Hang Seng hit 4-week highs while 26 stocks reached 4-week lows
  • 1 stocks in the Hang Seng closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8499
  • CNY¥ is currently little changed against the USD$ at 6.8828
  • China RMB 2-Year Government Bonds are higher with yields down 10.8 basis points to 2.87%
  • China RMB 10-Year Government Bonds are lower with yields up 4.2 basis points to 3.652%
  • China Government RMB 2s-10s Spread has widened 15 basis points to 0.78%

Indian Market

  • Indian stocks traded up in sympathy with other Asian stocks on speculation that trade tensions between the US and China will ease following news that the two countries continue to talk 
  • The Sensex finished up 0.75% and the Nifty 50 closed higher by 0.75%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 2.1x
  • 3 stocks in the Sensex hit 4-week highs while 5 stocks reached 4-week lows
  • 4 stocks in the Sensex closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.374% against the USD$ to 70.1575
  • India 2-Year Government Bonds are lower with yields up 5.9 basis points to 7.561%
  • India 10-Year Government Bonds are lower with yields up 4.3 basis points to 7.861%
  • India Government 2s-10s Spread has narrowed 5.526 basis points to 0.3%

Australian Market

  • Aussie stocks finished positive with the benchmark ASX closing at the highest level since January 2008 following news the the US and China will continue trade talks 
  • ASX 200 finished up 0.42%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 1.47x
  • 44 stocks in the ASX 200 hit 4-week highs while 25 stocks reached 4-week lows
  • 21 stocks in the ASX 200 closed overbought while 10 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7264
  • Aussie 2-Year Government Bonds are higher with yields down 0.5 basis points to 1.987%
  • Australia 10-Year Government Bonds are higher with yields down 1.1 basis points to 2.545%
  • Aussie Government 2s-10s Spread has narrowed 0.541 basis points to 0.56%

Nikkei 225 Movers

In local currency.

On Mobile/Tablet scroll to the right.

Outperformers Sector Price 1D% CHG Volume
FamilyMart UNY Holdings Co Ltd Consumer Staples 11530 5.39%      1,306,900.00
Kawasaki Kisen Kaisha Ltd Industrials 2003 4.76%      1,169,600.00
Pacific Metals Co Ltd Materials 3845 4.20%          247,100.00
Kyowa Hakko Kirin Co Ltd Health Care 1985 4.14%      2,207,000.00
JGC Corp Industrials 2147 3.82%      1,084,500.00
Underperformers Sector Price 1D% CHG Volume
SCREEN Holdings Co Ltd Information Technology 7690 -2.90%          541,200.00
Fast Retailing Co Ltd Consumer Discretionary 48200 -2.17%          645,800.00
Eisai Co Ltd Health Care 9569 -1.71%      1,022,500.00
Takeda Pharmaceutical Co Ltd Health Care 4537 -1.65%      4,005,800.00
COMSYS Holdings Corp Industrials 2937 -1.58%          659,500.00

Hang Seng Movers

In local currency.

On Mobile/Tablet scroll to the right.

Outperformers Sector Price 1D% CHG Volume
Want Want China Holdings Ltd Consumer Staples 6.1 3.74%      37,293,804.00
Tencent Holdings Ltd Information Technology 337 3.44%      42,698,939.00
Bank of Communications Co Ltd Financials 5.57 1.83%      30,401,162.00
China Overseas Land & Investment Ltd Real Estate 23.2 1.75%      20,846,605.00
CK Infrastructure Holdings Ltd Utilities 57.6 1.14%         2,130,611.00
Underperformers Sector Price 1D% CHG Volume
CSPC Pharmaceutical Group Ltd Health Care 17.6 -4.76%      61,911,958.00
AAC Technologies Holdings Inc Information Technology 80.9 -3.00%         6,909,179.00
China Unicom Hong Kong Ltd Telecommunication Services 8.98 -1.75%      55,921,655.00
Sands China Ltd Consumer Discretionary 36.1 -1.63%      11,387,802.00
Sunny Optical Technology Group Co Ltd Information Technology 88.6 -1.34%      12,843,181.00

Sensex Movers

In local currency.

On Mobile/Tablet scroll to the right.

Outperformers Sector Price 1D% CHG Volume
Yes Bank Ltd Financials 392.95 3.76%        556,217.00
State Bank of India Financials 302 3.18%    3,477,241.00
Vedanta Ltd Materials 215 3.09%    1,019,151.00
Hindustan Unilever Ltd Consumer Staples 1780.8 2.63%          29,322.00
Tata Motors Ltd Consumer Discretionary 257.35 2.47%        743,398.00
Underperformers Sector Price 1D% CHG Volume
Hero MotoCorp Ltd Consumer Discretionary 3248.6 -1.14%          17,281.00
Oil & Natural Gas Corp Ltd Energy 163.1 -0.61%        845,921.00
Maruti Suzuki India Ltd Consumer Discretionary 9148.3 -0.58%          21,459.00
Coal India Ltd Energy 281.2 -0.44%        969,111.00
Housing Development Finance Corp Ltd Financials 1883.6 -0.39%        100,547.00

ASX 200 Movers

In local currency.

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Outperformers Sector Price 1D% CHG Volume
Ausdrill Ltd Materials 1.95 19.39%    18,711,448.00
Seven West Media Ltd Consumer Discretionary 1.055 8.76%    13,198,091.00
Link Administration Holdings Ltd Information Technology 8.07 6.32%      9,385,660.00
Goodman Group Real Estate 10.58 5.27%      5,588,958.00
TPG Telecom Ltd Telecommunication Services 5.98 4.73%      2,080,913.00
Underperformers Sector Price 1D% CHG Volume
Estia Health Ltd Health Care 2.98 -5.10%      2,242,187.00
Platinum Asset Management Ltd Financials 5.25 -4.20%      3,538,540.00
Iluka Resources Ltd Materials 9.37 -3.90%      4,622,071.00
Evolution Mining Ltd Materials 2.74 -3.86%    14,632,729.00
InvoCare Ltd Consumer Discretionary 12.66 -3.65%      1,455,115.00