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Asian stocks continued to rally overnight posting the best gains in over 18 months as trade tensions ease

Sep 14, 2018

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

Japanese Market

  • Japanese stocks had their best week since March 2018 as a weaker Yen continues to support a rallying in Japanese stocks 
  • The Nikkei 225 finished up 1.2% and the Topix closed up 1.09%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 3.33x
  • 53 stocks in the Nikkei 225 hit 4-week highs while 24 stocks reached 4-week lows
  • 24 stocks in the Nikkei 225 closed overbought while 17 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 111.82
  • Japan 2-Year Government Bonds are lower with yields up 0.1 basis points to -0.104%
  • Japan 10-Year Government Bonds are lower with yields up 0.6 basis points to 0.118%
  • JGBs 2s-10s Spread has widened 0.5 basis points to 0.22%

Chinese Market

  • An apparent cooling of Sino-US trade tensions has helped put a bid back into Hong Kong Stocks with tech stocks leading the rally 
  • Mainland Chinese stocks finished negative, closing down for the 3rd consecutive week – this is contrast to the optimism in Hong Kong stock markets 
  • August 2018 Industrial Production and Retail sales came in above expectations, however, other indicators, particularly capital and business investments, are more downbeat. 
  • The Hang Seng closed up 1.01%, Hang Seng China Enterprise advanced 0.69%, the CSI 300 rose 0.17%, and the Shanghai Composite is down 0.18%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 6.14x
  • 4 stocks in the Hang Seng hit 4-week highs while 2 stocks reached 4-week lows
  • 3 stocks in the Hang Seng closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8473
  • CNY¥ is currently little changed against the USD$ at 6.8525
  • China RMB 2-Year Government Bonds are lower with yields up 2 basis points to 3.216%
  • China RMB 10-Year Government Bonds are higher with yields down -0.3 basis points to 3.677%
  • China Government RMB 2s-10s Spread has narrowed 2.3 basis points to 0.46%

Australian Market

  • Aussie stocks finished their trading session positive, shaking off worries about the health of domestic banks 
  • ASX 200 finished up 0.6%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 2.03x
  • 12 stocks in the ASX 200 hit 4-week highs while 43 stocks reached 4-week lows
  • 7 stocks in the ASX 200 closed overbought while 10 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7198
  • Aussie 2-Year Government Bonds are higher with yields down -0.9 basis points to 2.023%
  • Australia 10-Year Government Bonds are higher with yields down -0.2 basis points to 2.602%
  • Aussie Government 2s-10s Spread has widened 0.942 basis points to 0.58%

Indian Market

  • Following the Ganesh Chaturthi holiday, Indian stocks finished up, the best two-day rally in Indian stocks for CY2018 as consumer inflation fell below 4% for first time in CY2018 
  • The Sensex finished up 0.99% and the Nifty 50 closed higher by 1.28%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 14.5x
  • 1 stock in the Sensex hit 4-week highs while 12 stocks reached 4-week lows
  • 1 stock in the Sensex closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.49% against the USD$ to 71.8275
  • India 2-Year Government Bonds are higher with yields down -0.5 basis points to 7.972%
  • India 10-Year Government Bonds are higher with yields down -2.2 basis points to 8.112%
  • India Government 2s-10s Spread has narrowed 0.99 basis points to 0.14%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yaskawa Electric Corp Information Technology 3315 7.63%      6,284,400.00
SUMCO Corp Information Technology 1634 6.38%    14,232,500.00
OKUMA Corp Industrials 5970 6.23%          529,400.00
TDK Corp Information Technology 11670 5.61%      1,808,700.00
Mitsui Mining & Smelting Co Ltd Materials 3030 5.57%      1,428,900.00
 
Underformers Sector Price 1D % Chg Volume
Takashimaya Co Ltd Consumer Discretionary 1804 -3.89%      2,289,700.00
Otsuka Holdings Co Ltd Health Care 5289 -2.92%      2,570,300.00
Tokyo Dome Corp Consumer Discretionary 1001 -2.63%      1,259,100.00
Suzuki Motor Corp Consumer Discretionary 6895 -2.60%      4,586,800.00
MEIJI Holdings Co Ltd Consumer Staples 7170 -2.58%          834,800.00

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 82.4 5.51%         6,624,190.00
Sands China Ltd Consumer Discretionary 35.2 4.14%      24,236,924.00
Galaxy Entertainment Group Ltd Consumer Discretionary 49.9 3.85%      26,165,544.00
China Mengniu Dairy Co Ltd Consumer Staples 22.9 3.39%      10,033,329.00
Sunny Optical Technology Group Co Ltd Information Technology 96 3.23%         5,426,582.00
 
Underformers Sector Price 1D % Chg Volume
China Petroleum & Chemical Corp Energy 7.54 -1.82%    109,814,050.00
CLP Holdings Ltd Utilities 95.2 -1.81%         4,304,946.00
CNOOC Ltd Energy 14.6 -0.68%      73,348,534.00
Link REIT Real Estate 76.9 -0.32%         6,158,123.00
ICBC Financials 5.49 -0.18%    260,627,119.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Lynas Corp Ltd Materials 1.935 5.45%      5,832,746.00
SpeedCast International Ltd Telecommunication Services 4.32 4.85%      1,859,290.00
Afterpay Touch Group Ltd Information Technology 17.27 4.22%      1,592,616.00
Vocus Group Ltd Telecommunication Services 3.04 3.40%      2,148,534.00
NEXTDC Ltd Information Technology 6.15 3.36%      3,215,497.00
 
Underformers Sector Price 1D % Chg Volume
Syrah Resources Ltd Materials 2.29 -2.97%      1,727,965.00
Primary Health Care Ltd Health Care 2.84 -2.07%    10,403,201.00
Super Retail Group Ltd Consumer Discretionary 8.55 -1.95%          643,339.00
Janus Henderson Group PLC Financials 38.1 -1.85%          287,766.00
Seven West Media Ltd Consumer Discretionary 0.995 -1.49%      3,787,319.00

Sensex Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Vedanta Ltd Materials 235.5 5.25%    1,019,151.00
Power Grid Corp of India Ltd Utilities 200.1 3.57%        111,432.00
Asian Paints Ltd Materials 1331 3.04%          85,300.00
NTPC Ltd Utilities 175 3.00%          84,301.00
Yes Bank Ltd Financials 323.1 2.75%        556,217.00
 
Underformers Sector Price 1D % Chg Volume
Coal India Ltd Energy 277.3 -1.42%        969,111.00
Infosys Ltd Information Technology 735.2 -1.01%    1,581,820.00
Reliance Industries Ltd Energy 1252.8 0.01%        278,816.00
Axis Bank Ltd Financials 636.25 0.11%        960,464.00
Hindustan Unilever Ltd Consumer Staples 1630.15 0.14%          29,322.00