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Asian stocks closed lower after several days of gains

Aug 30, 2018

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*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

Japanese Market

  • An 8 day rally in the Nikkei 225 (4 day rally in the Topix) ended as concerns about rising trade tensions between the US and China dominated investor sentiment  
  • The Nikkei 225 finished up 0.09% and the Topix closed down 0.03%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.68x
  • 32 stocks in the Nikkei 225 hit 4-week highs while 3 stocks reached 4-week lows
  • 12 stocks in the Nikkei 225 closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently down 0.188% against the USD$ to 111.47
  • Japan 2-Year Government Bonds are lower with yields up 0.2 basis points to -0.109%
  • Japan 10-Year Government Bonds are lower with yields up 0.8 basis points to 0.111%
  • JGBs 2s-10s Spread has widened 0.6 basis points to 0.22%

Chinese Market

  • Chinese and Hong Kong stocks fell as a weaker M/M August Manufacturing PMI print for China renewed worries about the impact of US tariffs on the Chinese economy 
  • US President Trump stated it may be necessary to maintain tariffs of 25% on steel imports and 10% on aluminum imports for national security 
  • The Hang Seng closed down 0.89%, Hang Seng China Enterprise declined 1.04%, and the CSI 300 retreated 1.05%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.16x
  • 6 stocks in the Hang Seng hit 4-week highs while 0 stocks reached 4-week lows
  • 1 stock in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.849
  • CNY¥ is currently up 0.163% against the USD$ to 6.8323
  • 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 higher with yields down -1.7 basis points to 3.609%
  • China Government RMB 2s-10s Spread has widened 9.1 basis points to 0.74%

Australian Market

  • Aussie stocks finished their trading session little changed after a report suggested business investment dropped in C2Q2018 – an unexpected data point 
  • ASX 200 finished down 0.01%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.9x
  • 38 stocks in the ASX 200 hit 4-week highs while 11 stocks reached 4-week lows
  • 30 stocks in the ASX 200 closed overbought while 5 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7301
  • Aussie 2-Year Government Bonds are lower with yields up 1.3 basis points to 1.992%
  • Australia 10-Year Government Bonds are lower with yields up 2.1 basis points to 2.569%
  • Aussie Government 2s-10s Spread has widened 1.163 basis points to 0.58%

Indian Market

  • Indian stocks, after making new highs daily for the past week, finished down for the second straight day ahead of Friday’s 2Q GDP report 
  • The Sensex finished down 0.08% and the Nifty 50 closed lower by 0.13%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.94x
  • 7 stocks in the Sensex hit 4-week highs while 1 stock reached 4-week lows
  • 4 stocks in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.202% against the USD$ to 70.735
  • India 2-Year Government Bonds are lower with yields up 3 basis points to 7.665%
  • India 10-Year Government Bonds are lower with yields up 1.4 basis points to 7.932%
  • India Government 2s-10s Spread has narrowed 2.798 basis points to 0.27%

Nikkei 225 Movers

In local currency.
On Mobile/Tablet scroll to the right.

 
Outperformers Sector Price 1D % Chg Volume
Tokuyama Corp Materials 3480 4.98%      1,239,000.00
Maruha Nichiro Corp Consumer Staples 3890 3.60%          810,800.00
COMSYS Holdings Corp Industrials 3005 3.02%          641,800.00
Dai Nippon Printing Co Ltd Industrials 2505 2.96%          944,000.00
Furukawa Electric Co Ltd Industrials 3800 2.56%      1,733,300.00
 
Underformers Sector Price 1D % Chg Volume
Toho Co Ltd/Tokyo Consumer Discretionary 3320 -2.78%          879,700.00
Toho Zinc Co Ltd Materials 3735 -2.48%          278,700.00
Olympus Corp Health Care 4470 -2.40%      1,574,000.00
Pacific Metals Co Ltd Materials 3770 -1.95%          164,800.00
Osaka Gas Co Ltd Utilities 2108 -1.91%      1,466,100.00

Hang Seng Movers

In local currency.
On Mobile/Tablet scroll to the right.

 
Outperformers Sector Price 1D % Chg Volume
Bank of East Asia Ltd/The Financials 29.4 1.55%         3,839,964.00
Sino Land Co Ltd Real Estate 13.4 1.06%         5,527,973.00
Ping An Insurance Group Co of China Ltd Financials 76.3 0.46%      56,680,496.00
China Mobile Ltd Telecommunication Services 73.5 0.45%      16,031,202.00
China Merchants Port Holdings Co Ltd Industrials 16.1 0.12%         2,202,500.00
 
Underformers Sector Price 1D % Chg Volume
Hang Lung Properties Ltd Real Estate 15.6 -2.49%         6,429,358.00
Geely Automobile Holdings Ltd Consumer Discretionary 17 -2.07%      43,828,594.00
China Life Insurance Co Ltd Financials 18.2 -2.05%      51,904,429.00
AAC Technologies Holdings Inc Information Technology 84.3 -1.92%         4,954,859.00
CSPC Pharmaceutical Group Ltd Health Care 19.9 -1.73%      18,328,269.00

ASX 200 Movers

In local currency.
On Mobile/Tablet scroll to the right.

 
Outperformers Sector Price 1D % Chg Volume
Ramsay Health Care Ltd Health Care 54.48 -6.33%      1,635,102.00
Atlas Arteria Ltd Industrials 6.62 -6.10%      5,426,595.00
Bellamy's Australia Ltd Consumer Staples 11.36 -5.02%      4,282,921.00
Afterpay Touch Group Ltd Information Technology 18.02 -4.91%      3,527,968.00
Domino's Pizza Enterprises Ltd Consumer Discretionary 55.3 -4.16%      1,185,907.00
 
Underformers Sector Price 1D % Chg Volume
Ramsay Health Care Ltd Health Care 54.48 -6.33%      1,635,102.00
Atlas Arteria Ltd Industrials 6.62 -6.10%      5,426,595.00
Bellamy's Australia Ltd Consumer Staples 11.36 -5.02%      4,282,921.00
Afterpay Touch Group Ltd Information Technology 18.02 -4.91%      3,527,968.00
Domino's Pizza Enterprises Ltd Consumer Discretionary 55.3 -4.16%      1,185,907.00

Sensex Movers

In local currency.
On Mobile/Tablet scroll to the right.

 
Outperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 639.5 3.03%        213,552.00
Tata Steel Ltd Materials 608.3 2.40%        504,491.00
ITC Ltd Consumer Staples 319.2 2.08%        926,480.00
Bharti Airtel Ltd Telecommunications 382.6 2.07%        176,699.00
NTPC Ltd Utilities 169.2 1.93%          84,301.00
 
Underformers Sector Price 1D % Chg Volume
IndusInd Bank Ltd Financials 1876.2 -1.62%          42,184.00
Maruti Suzuki India Ltd Consumer Discretionary 9212.4 -1.62%          21,459.00
Reliance Industries Ltd Energy 1274.1 -1.57%        278,816.00
Tata Motors Ltd Consumer Discretionary 138.55 -1.28%        176,569.00
Asian Paints Ltd Materials 1375.95 -1.15%          85,300.00