blog

Latest from the Quantamize Blog

Asian stocks close lower across the board as risk-off movement continues

Sep 05, 2018

Start Your Free Trial Today

 

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

Japanese Market

  • Japanese stocks finished in the red, for the fifth straight day, with worries about escalating trade tensions weighing on investor sentiment after US President Donald Trump threated to increase the pressure on China in regards to the US-China trade dispute 
  • The Nikkei 225 finished down 0.51% and the Topix closed down 0.77%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.25x
  • 12 stocks in the Nikkei 225 hit 4-week highs while 29 stocks reached 4-week lows
  • 8 stocks in the Nikkei 225 closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.162% against the USD$ to 111.59
  • Japan 2-Year Government Bonds are flat with yields little changed at -0.112%
  • Japan 10-Year Government Bonds are higher with yields down -0.8 basis points to 0.115%
  • JGBs 2s-10s Spread has narrowed 0.8 basis points to 0.23%

Chinese Market

  • Investors continued to take profit in China and Hong Kong stocks as markets await the US decision to implement further tariffs on goods imported from China 
  • The Hang Seng closed down 2.61%, Hang Seng China Enterprise declined 2.25%, and the CSI 300 retreated 1.95%
  • 6 stocks in the Hang Seng hit 4-week highs while 3 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 7.8495
  • CNY¥ is currently down 0.188% against the USD$ to 6.8313
  • China RMB 2-Year Government Bonds are lower with yields up 0.6 basis points to 3.134%
  • China RMB 10-Year Government Bonds are lower with yields up 1.3 basis points to 3.627%
  • China Government RMB 2s-10s Spread has widened 0.7 basis points to 0.49%

Australian Market

  • Aussie stocks finished down in sympathy with stocks in Japan, China and Hong Kong 
  • Commodity-sensitive stocks drove the Aussie stocks benchmarks into the red 
  • ASX 200 finished down 1%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.48x
  • 12 stocks in the ASX 200 hit 4-week highs while 18 stocks reached 4-week lows
  • 19 stocks in the ASX 200 closed overbought while 6 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7174
  • Aussie 2-Year Government Bonds are lower with yields up 1.8 basis points to 1.997%
  • Australia 10-Year Government Bonds are lower with yields up 2.6 basis points to 2.55%
  • Aussie Government 2s-10s Spread has widened 1.744 basis points to 0.55%

Indian Market

  • Indian stocks declined for the 6th straight day over worries that that a contagion effect from Turkish and Argentine economic crises will spread to Indian markets 
  • As a side note, the Indian Rupee has a correlation of 0.28 with the Turkish Lira as of June 30th.  
  • The Sensex finished down 0.37% and the Nifty 50 closed lower by 0.38%
  • Investor sentiment for Indian stocks finished neutral with the advance/decline ratio for the Sensex closing at 1.07x
  • 3 stocks in the Sensex hit 4-week highs while 7 stocks reached 4-week lows
  • 3 stocks in the Sensex closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.217% against the USD$ to 71.73
  • India 2-Year Government Bonds are lower with yields up 0.2 basis points to 7.8%
  • India 10-Year Government Bonds are higher with yields down -1.9 basis points to 8.044%
  • India Government 2s-10s Spread has narrowed 0.017 basis points to 0.24%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Fast Retailing Co Ltd Consumer Discretionary 53850 3.16%      1,113,400.00
Inpex Corp Energy 1207 1.99%      4,989,400.00
Yamaha Corp Consumer Discretionary 5360 1.71%          571,100.00
Mitsubishi Logistics Corp Industrials 2605 1.68%          488,300.00
East Japan Railway Co Industrials 10130 1.66%      1,168,400.00
 
Underformers Sector Price 1D % Chg Volume
Yaskawa Electric Corp Information Technology 3475 -4.40%      3,182,600.00
Shiseido Co Ltd Consumer Staples 7651 -4.16%      3,091,500.00
Komatsu Ltd Industrials 3025 -3.94%      6,800,000.00
SoftBank Group Corp Telecommunication Services 9850 -3.86%      6,444,500.00
Mitsui Mining & Smelting Co Ltd Materials 3060 -3.62%      1,033,500.00

Hang Seng Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Power Assets Holdings Ltd Utilities 54.9 -0.45%         3,467,807.00
CK Infrastructure Holdings Ltd Utilities 58 -0.60%         3,099,103.00
Ping An Insurance Group Co of China Ltd Financials 76 -1.04%      61,567,788.00
Sino Land Co Ltd Real Estate 13 -1.06%         5,469,687.00
CK Hutchison Holdings Ltd Industrials 90.2 -1.15%      11,416,482.00
 
Underformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 93.8 -6.39%         7,384,536.00
Want Want China Holdings Ltd Consumer Staples 6.18 -4.48%      10,814,000.00
Geely Automobile Holdings Ltd Consumer Discretionary 15.5 -4.43%      39,762,312.00
Country Garden Holdings Co Ltd Real Estate 11.1 -4.31%      60,944,654.00
Tencent Holdings Ltd Information Technology 325 -4.08%      31,479,425.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sigma Healthcare Ltd Health Care 0.605 5.22%    10,450,056.00
Reliance Worldwide Corp Ltd Industrials 5.36 3.68%      5,899,408.00
Vocus Group Ltd Telecommunication Services 2.95 3.51%      8,926,577.00
GWA Group Ltd Industrials 3.09 3.00%      1,362,990.00
Northern Star Resources Ltd Materials 8.32 2.72%      5,726,182.00
 
Underformers Sector Price 1D % Chg Volume
Orocobre Ltd Materials 3.62 -12.98%      2,383,561.00
Sims Metal Management Ltd Materials 12.52 -5.08%      2,712,027.00
Western Areas Ltd Materials 2.35 -4.86%      2,846,981.00
Independence Group NL Materials 4.01 -4.75%      3,303,590.00
Lynas Corp Ltd Materials 2.06 -4.63%      3,674,699.00

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 343.9 2.93%        556,217.00
Vedanta Ltd Materials 229.55 2.27%    1,019,151.00
Adani Ports & Special Economic Zone Ltd Industrials 378.45 1.53%        135,051.00
Wipro Ltd Information Technology 318.05 1.44%        222,541.00
Sun Pharmaceutical Industries Ltd Health Care 663.4 1.41%        213,552.00
 
Underformers Sector Price 1D % Chg Volume
Hindustan Unilever Ltd Consumer Staples 1611 -2.45%          29,322.00
Kotak Mahindra Bank Ltd Financials 1238.55 -1.68%          96,262.00
Bharti Airtel Ltd Telecommunications 372.6 -1.36%        176,699.00
Reliance Industries Ltd Energy 1225.8 -1.33%        278,816.00
Hero MotoCorp Ltd Consumer Discretionary 3148.2 -1.18%          17,281.00