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Asian stocks close lower as Japan's 3-day rally stalled and China's Shanghai Composite approached a 4-year low

Sep 12, 2018

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

 

  • The story in Asian markets remains the same-a backdrop of of rising global tension between the US and its major trade partners, emerging markets contagion, and economic weakness in the Chinese economy 

Japanese Market

  • The rally in Japanese stocks 3 day rally stalled as electronics and chemicals stocks sold off following weak guidance from chip maker Rohm (6963 JP)
  • The Nikkei 225 finished down 0.27% and the Topix closed down 0.45%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.54x
  • 32 stocks in the Nikkei 225 hit 4-week highs while 23 stocks reached 4-week lows
  • 13 stocks in the Nikkei 225 closed overbought while 19 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 111.47
  • Japan 2-Year Government Bonds are flat with yields little changed at 0.107%
  • Japan 10-Year Government Bonds are higher with yields down -0.2 basis points to 0.113%
  • JGBs 2s-10s Spread has narrowed 0.2 basis points to 0.22%

Chinese Market

  • The sell-off in Chinese and Hong Stocks continues with the Shanghai Composite coming within striking distance of its 4-year low
  • The Hang Seng closed down 0.29%, Hang Seng China Enterprise declined 0.91%, and the CSI 300 retreated 0.69%
  • Investor sentiment for Hong Kong stocks finished neutral with the advance/decline ratio for the Hang Seng closing at 1x
  • 2 stocks in the Hang Seng hit 4-week highs while 18 stocks reached 4-week lows
  • 1 stock in the Hang Seng closed overbought while 10 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8491
  • CNY¥ is currently little changed against the USD$ at 6.8682
  • China RMB 2-Year Government Bonds are lower with yields up 10.2 basis points to 3.236%
  • China RMB 10-Year Government Bonds are lower with yields up 0.4 basis points to 3.679%
  • China Government RMB 2s-10s Spread has narrowed 9.8 basis points to 0.44%

Australian Market

  • Aussie stocks closed their trading session negative after September Consumer Confidence declined 3% M/M 
  • ASX 200 finished down 0.06%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.82x
  • 14 stocks in the ASX 200 hit 4-week highs while 21 stocks reached 4-week lows
  • 7 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 0.7114
  • Aussie 2-Year Government Bonds are higher with yields down 0.1 basis points to 2.003%
  • Australia 10-Year Government Bonds are lower with yields up 0.5 basis points to 2.586%
  • Aussie Government 2s-10s Spread has widened 0.17 basis points to 0.58%

Indian Market

  • Indian stocks stopped their multi-week slide, rallying the most in 1 ½ years after government officials said the Indian government is considering measures to support the Indian Rupee.  
  • The Sensex finished up 0.81% and the Nifty 50 closed higher by 0.73%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.38x
  • 0 stocks in the Sensex hit 4-week highs while 10 stocks reached 4-week lows
  • 1 stocks in the Sensex closed overbought while 4 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.707% against the USD$ to 72.1813
  • India 2-Year Government Bonds are lower with yields up 0.5 basis points to 7.97%
  • India 10-Year Government Bonds are higher with yields down -5 basis points to 8.134%
  • India Government 2s-10s Spread has narrowed 0.207 basis points to 0.16%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yahoo Japan Corp Information Technology 382 5.23%  110,193,400.00
Takara Holdings Inc Consumer Staples 1422 4.79%      2,279,800.00
FamilyMart UNY Holdings Co Ltd Consumer Staples 10550 3.84%          782,900.00
SoftBank Group Corp Telecommunication Services 10495 3.40%      8,316,300.00
Nippon Suisan Kaisha Ltd Consumer Staples 640 3.06%      3,655,500.00
 
Underformers Sector Price 1D % Chg Volume
Pioneer Corp Consumer Discretionary 117 -9.30%    21,027,000.00
SUMCO Corp Information Technology 1605 -7.76%    22,384,100.00
Taiyo Yuden Co Ltd Information Technology 2678 -6.72%      5,991,300.00
OKUMA Corp Industrials 5640 -4.89%          497,900.00
Shin-Etsu Chemical Co Ltd Materials 9341 -4.35%      2,841,200.00

Hang Seng Movers

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

 
Outperformers Sector Price 1D % Chg Volume
MTR Corp Ltd Industrials 40.8 2.52%         8,035,495.00
CLP Holdings Ltd Utilities 94.6 2.38%         5,040,360.00
CK Hutchison Holdings Ltd Industrials 89.9 2.28%         7,900,190.00
Wharf Real Estate Investment Co Ltd Real Estate 51.9 2.06%         3,459,991.00
CK Infrastructure Holdings Ltd Utilities 60.3 1.94%         6,968,595.00
 
Underformers Sector Price 1D % Chg Volume
CSPC Pharmaceutical Group Ltd Health Care 16.7 -9.73%      98,485,155.00
Galaxy Entertainment Group Ltd Consumer Discretionary 45.7 -4.99%      35,351,640.00
China Resources Power Holdings Co Ltd Utilities 13.2 -2.95%         7,179,941.00
ICBC Financials 5.35 -2.01%    317,860,589.00
Sands China Ltd Consumer Discretionary 31.7 -2.01%      23,843,674.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Australian Pharmaceutical Industries Ltd Health Care 1.855 4.80%      2,433,075.00
Mayne Pharma Group Ltd Health Care 1.245 4.18%    13,597,379.00
Monadelphous Group Ltd Industrials 14.88 3.98%          533,373.00
Orocobre Ltd Materials 3.69 3.65%      1,404,415.00
WorleyParsons Ltd Energy 20.99 2.79%          874,180.00
 
Underformers Sector Price 1D % Chg Volume
Bega Cheese Ltd Consumer Staples 7.15 -5.67%      1,305,125.00
WiseTech Global Ltd Information Technology 20.65 -4.93%      1,023,916.00
Resolute Mining Ltd Materials 1.055 -3.65%    10,662,476.00
Fortescue Metals Group Ltd Materials 3.53 -3.02%    16,937,265.00
Greencross Ltd Consumer Discretionary 3.68 -2.90%      1,008,319.00

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Power Grid Corp of India Ltd Utilities 193.2 3.40%        111,432.00
Adani Ports & Special Economic Zone Ltd Industrials 376.15 3.14%        135,051.00
ITC Ltd Consumer Staples 306.5 3.11%        926,480.00
Sun Pharmaceutical Industries Ltd Health Care 649.85 2.98%        213,552.00
Hindustan Unilever Ltd Consumer Staples 1627.95 2.29%          29,322.00
 
Underformers Sector Price 1D % Chg Volume
Axis Bank Ltd Financials 635.55 -2.30%        960,464.00
Tata Motors Ltd Consumer Discretionary 262.65 -1.70%        743,398.00
Bharti Airtel Ltd Telecommunications 375 -1.28%        176,699.00
ICICI Bank Ltd Financials 323.1 -1.07%    4,618,326.00
Yes Bank Ltd Financials 314.45 -0.71%        556,217.00