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Asian stocks closed lower following comments by President Trump that he will increase pressure on China

Aug 31, 2018

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

Japanese Market

  • Japanese stocks closed in the red as investors assessed the impact that escalating US-China trade tensions would have on Japanese exporters 
  • The Nikkei 225 finished down 0.02% and the Topix closed down 0.22%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.48x
  • 54 stocks in the Nikkei 225 hit 4-week highs while 6 stocks reached 4-week lows
  • 9 stocks in the Nikkei 225 closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently down 0.198% against the USD$ to 110.76
  • Japan 2-Year Government Bonds are higher with yields down -0.3 basis points to -0.112%
  • Japan 10-Year Government Bonds are higher with yields down -0.4 basis points to 0.107%
  • JGBs 2s-10s Spread has narrowed 0.1 basis points to 0.22%

Chinese Market

  • Hong Kong stocks finished their trading session negative after being hit with 1-2 punch combo of negative news 
  • Investment sentiment turned negative after President Trump’s comments that he is ready to move forward with additional tariffs on USD$200bn of goods imported from China, and Beijing's announcement of measures to curb online games in China – Tencent (SEHK: 700), a bellwether stock, was down 4.87% after the decision by Chinese officials
  • The Hang Seng closed down 0.98%, Hang Seng China Enterprise declined 0.84%, and the CSI 300 retreated 0.5%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.43x
  • 8 stocks in the Hang Seng hit 4-week highs while 0 stocks reached 4-week lows
  • 0 stocks in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8492
  • CNY¥ is currently little changed against the USD$ at 6.836
  • China RMB 2-Year Government Bonds are lower with yields up 24.3 basis points to 3.113%
  • China RMB 10-Year Government Bonds are higher with yields down -1.4 basis points to 3.595%
  • China Government RMB 2s-10s Spread has narrowed 25.7 basis points to 0.48%

Australian Market

  • Aussie stocks fell in sympathy with their Asian counterparts over concerns about global trade  
  • In spite of the recent price weakness, the ASX 200 rose for the 5th straight month in August
  • ASX 200 finished down 0.51%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.59x
  • 37 stocks in the ASX 200 hit 4-week highs while 7 stocks reached 4-week lows
  • 34 stocks in the ASX 200 closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.399% against the USD$ to 0.7234
  • Aussie 2-Year Government Bonds are higher with yields down -2.6 basis points to 1.966%
  • Australia 10-Year Government Bonds are higher with yields down -5 basis points to 2.519%
  • Aussie Government 2s-10s Spread has narrowed 2.999 basis points to 0.55%

Indian Market

  • Indian stocks finished negative ahead of the C2Q2018 GDP report as the sell-off in EM currencies pressured investor sentiment 
  • The Sensex finished down 0.12% and the Nifty 50 closed higher by 0.03%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.38x
  • 7 stocks in the Sensex hit 4-week highs while 4 stocks reached 4-week lows
  • 5 stocks in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.269% against the USD$ to 70.925
  • India 2-Year Government Bonds are lower with yields up 3.6 basis points to 7.701%
  • India 10-Year Government Bonds are lower with yields up 1.5 basis points to 7.947%
  • India Government 2s-10s Spread has narrowed 3.331 basis points to 0.25%
  • apan: Japanese stocks closed in the red as investors assessed the impact that escalating US-China trade tensions would have on Japanese exporters

Nikkei 225 Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Toho Co Ltd/Tokyo Consumer Discretionary 3410 2.71%          617,100.00
Kyowa Hakko Kirin Co Ltd Health Care 1970 2.60%      1,255,200.00
Eisai Co Ltd Health Care 10060 2.44%      1,236,600.00
GS Yuasa Corp Industrials 548 1.67%      3,648,000.00
Fujitsu Ltd Information Technology 813.1 1.66%    11,235,000.00
 
Underformers Sector Price 1D % Chg Volume
Mitsui Mining & Smelting Co Ltd Materials 3185 -3.78%      1,080,300.00
Unitika Ltd Consumer Discretionary 680 -3.55%          394,400.00
Furukawa Co Ltd Industrials 1791 -3.50%          317,500.00
Matsui Securities Co Ltd Financials 1175 -3.13%      2,163,200.00
Takara Holdings Inc Consumer Staples 1102 -2.65%      1,816,200.00

Hang Seng Movers

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

 
Outperformers Sector Price 1D % Chg Volume
AAC Technologies Holdings Inc Information Technology 87 3.20%         7,705,864.00
Hong Kong & China Gas Co Ltd Utilities 16.2 1.00%      19,170,663.00
BOC Hong Kong Holdings Ltd Financials 38.3 0.52%      10,124,771.00
Galaxy Entertainment Group Ltd Consumer Discretionary 58.1 0.52%      19,971,946.00
Hengan International Group Co Ltd Consumer Staples 70.7 0.50%         3,061,819.00
 
Underformers Sector Price 1D % Chg Volume
Tencent Holdings Ltd Information Technology 340 -4.87%      51,544,845.00
PetroChina Co Ltd Energy 5.84 -3.79%    178,251,955.00
China Mengniu Dairy Co Ltd Consumer Staples 22.7 -2.79%      22,055,255.00
Swire Pacific Ltd Real Estate 88.8 -2.42%         1,380,597.00
China Life Insurance Co Ltd Financials 17.7 -2.31%      66,282,256.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Atlas Arteria Ltd Industrials 6.88 3.93%      4,618,645.00
Primary Health Care Ltd Health Care 2.78 2.96%    10,542,729.00
Bapcor Ltd Consumer Discretionary 7.44 2.34%      2,008,902.00
Ramsay Health Care Ltd Health Care 55.7 2.24%      1,001,197.00
Orora Ltd Materials 3.53 1.73%      5,385,270.00
 
Underformers Sector Price 1D % Chg Volume
Sandfire Resources NL Materials 7.1 -8.27%      2,141,117.00
TPG Telecom Ltd Telecommunication Services 8.64 -7.20%    11,992,483.00
Perpetual Ltd Financials 43.89 -4.65%          448,814.00
Galaxy Resources Ltd Materials 2.73 -4.55%      2,198,115.00
Harvey Norman Holdings Ltd Consumer Discretionary 3.6 -4.51%      8,763,777.00

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tata Motors Ltd Consumer Discretionary 267.1 2.87%        743,398.00
Tata Motors Ltd Consumer Discretionary 142.2 2.63%        176,569.00
Power Grid Corp of India Ltd Utilities 200.6 2.37%        111,432.00
Sun Pharmaceutical Industries Ltd Health Care 652.2 1.99%        213,552.00
Bajaj Auto Ltd Consumer Discretionary 2746.35 1.65%          28,503.00
 
Underformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 343.4 -5.11%        556,217.00
Reliance Industries Ltd Energy 1240.95 -2.60%        278,816.00
Mahindra & Mahindra Ltd Consumer Discretionary 965.25 -1.75%          64,213.00
Maruti Suzuki India Ltd Consumer Discretionary 9097.25 -1.25%          21,459.00
Vedanta Ltd Materials 227.2 -1.13%    1,019,151.00