blog

Latest from the Quantamize Blog

Asian stocks closed mixed with Japan higher for a second day on yen weakness and China lower on ongoing trade war fears

Sep 11, 2018

Start Your Free Trial Today

 

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

Japanese Market

  • Japanese stocks finished positive for a 2nd straight day as a weakening Yen continues to support stock valuations 
  • The Nikkei 225 finished up 1.3% and the Topix closed up 0.67%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 2.46x
  • 16 stocks in the Nikkei 225 hit 4-week highs while 36 stocks reached 4-week lows
  • 7 stocks in the Nikkei 225 closed overbought while 18 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.234% against the USD$ to 111.39
  • Japan 2-Year Government Bonds are higher with yields down -0.2 basis points to -0.107%
  • Japan 10-Year Government Bonds are higher with yields down -0.3 basis points to 0.115%
  • JGBs 2s-10s Spread has narrowed 0.1 basis points to 0.22%

Chinese Market

  • Chinese/Hong Kong stocks finished in the red following an article from Reuters that alleges that China is prepared to ask the WTO for permission to impose trade sanctions on the United States 
  • Hong Kong stocks are formally in a technical “bear market” after dropping more than 20% since their January 2018 high
  • The Hang Seng closed down 0.72%, Hang Seng China Enterprise declined 0.96%, and the CSI 300 retreated 0.18%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.43x
  • 1 stock in the Hang Seng hit 4-week highs while 20 stocks reached 4-week lows
  • 1 stock in the Hang Seng closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8494
  • CNY¥ is currently up 0.193% against the USD$ to 6.8687
  • China RMB 2-Year Government Bonds are flat with yields little changed at 3.13%
  • China RMB 10-Year Government Bonds are lower with yields up 1.7 basis points to 3.68%
  • China Government RMB 2s-10s Spread has widened 1.7 basis points to 0.54%

Australian Market

  • Aussie stocks closed up, snapping the longest losing streak for the ASX 200 in 3 years 
  • ASX 200 finished up 0.62%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 at 2.08x
  • 6 stocks in the ASX 200 hit 4-week highs while 29 stocks reached 4-week lows
  • 6 stocks in the ASX 200 closed overbought while 12 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.211% against the USD$ to 0.71
  • Aussie 2-Year Government Bonds are lower with yields up 0.5 basis points to 2.00%
  • Australia 10-Year Government Bonds are lower with yields up 0.4 basis points to 2.58%
  • Aussie Government 2s-10s Spread has narrowed 0.289 basis points to 0.58%

Indian Market

  • Indian stocks closed negative for the 2nd straight day as weakness in the INR continues to weigh on investor optimism for stocks 
  • Escalating global trade tensions are diminishing the appeal of emerging markets stocks – Indian stocks are being caught up in this turmoil irrespective of the fact that Indian GDP growth is expected to be one of the strongest globally in CY2018 CY2019 
  • The Sensex finished down 1.34% and the Nifty 50 closed lower by 1.32%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.24x
  • 6 stocks in the Sensex hit 4-week highs while 8 stocks reached 4-week lows
  • 1 stock in the Sensex closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.278% against the USD$ to 72.6588
  • India 2-Year Government Bonds are lower with yields up 1.7 basis points to 7.952%
  • India 10-Year Government Bonds are lower with yields up 2.1 basis points to 8.179%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sumitomo Dainippon Pharma Co Ltd Health Care 2282 5.80%         1,453,700.00
Daiichi Sankyo Co Ltd Health Care 4563 4.30%         1,511,300.00
FamilyMart UNY Holdings Co Ltd Consumer Staples 10160 3.78%             866,600.00
Takeda Pharmaceutical Co Ltd Health Care 4600 3.77%         5,838,800.00
Astellas Pharma Inc Health Care 1886 3.60%         8,263,800.00
 
Underformers Sector Price 1D % Chg Volume
JGC Corp Industrials 2158 -4.30%         3,021,300.00
Taiyo Yuden Co Ltd Information Technology 2871 -3.79%         5,806,400.00
Yaskawa Electric Corp Information Technology 3160 -2.32%         3,187,700.00
JFE Holdings Inc Materials 2309 -2.27%         4,270,000.00
Yahoo Japan Corp Information Technology 363 -2.16%    179,829,100.00

Hang Seng Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Link REIT Real Estate 76.5 2.34%         6,303,556.00
CNOOC Ltd Energy 14 1.90%      86,495,476.00
CLP Holdings Ltd Utilities 92.4 1.04%         3,587,602.00
CK Asset Holdings Ltd Real Estate 55.5 1.00%         7,116,646.00
CITIC Ltd Industrials 11.1 0.91%      11,738,203.00
 
Underformers Sector Price 1D % Chg Volume
Galaxy Entertainment Group Ltd Consumer Discretionary 48.1 -5.69%      26,923,047.00
Geely Automobile Holdings Ltd Consumer Discretionary 14.1 -4.87%      67,428,549.00
Sands China Ltd Consumer Discretionary 32.4 -3.72%      20,997,918.00
WH Group Ltd Consumer Staples 5.42 -3.39%      30,867,088.00
China Mengniu Dairy Co Ltd Consumer Staples 21.8 -3.33%      11,033,606.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
NEXTDC Ltd Information Technology 6.22 6.51%      5,231,482.00
Afterpay Touch Group Ltd Information Technology 17.08 6.02%      3,308,922.00
WorleyParsons Ltd Energy 20.42 4.18%          708,224.00
Tassal Group Ltd Consumer Staples 4.37 4.05%          733,660.00
WiseTech Global Ltd Information Technology 21.72 3.91%      1,068,488.00
 
Underformers Sector Price 1D % Chg Volume
BlueScope Steel Ltd Materials 16.58 -3.32%      6,290,594.00
Nine Entertainment Co Holdings Ltd Consumer Discretionary 2.23 -2.62%      8,225,884.00
Insurance Australia Group Ltd Financials 7.29 -2.41%      6,890,045.00
Xero Ltd Information Technology 46.86 -1.88%          474,104.00
Infigen Energy Utilities 0.58 -1.69%      2,325,075.00

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Coal India Ltd Energy 282.8 0.95%        969,111.00
NTPC Ltd Utilities 169.55 0.36%          84,301.00
Infosys Ltd Information Technology 734.25 0.31%    1,581,820.00
Asian Paints Ltd Materials 1295.85 0.26%          85,300.00
Mahindra & Mahindra Ltd Consumer Discretionary 940.45 0.26%          64,213.00
 
Underformers Sector Price 1D % Chg Volume
Tata Steel Ltd Materials 592.3 -3.46%        504,491.00
Power Grid Corp of India Ltd Utilities 186.85 -3.21%        111,432.00
Hero MotoCorp Ltd Consumer Discretionary 3178 -3.06%          17,281.00
Tata Motors Ltd Consumer Discretionary 267.2 -3.03%        743,398.00
ITC Ltd Consumer Staples 297.25 -2.92%        926,480.00