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Asian stocks closed mixed with Japan higher on belief there will be no auto tariffs while Chinese stocks closed lower on trade concerns

Sep 25, 2018

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

Japanese Market

  • Following yesterday’s holiday, Japanese stocks finished in the black, rising to the highest level since February 2018 
  • After being in the red for most of the year, the Topix is now positive YTD following the current 7-day rally with a weaker Yen continuing to support Japanese stocks 
  • Japanese investors continue to operate under the assumption that the US government will not implement tariffs on Japanese automakers – Japanese automakers have helped power the Topix into the black 
  • The Nikkei 225 finished up 0.29% and the Topix closed up 1.02%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 2.46x
  • 131 stocks in the Nikkei 225 hit 4-week highs while 2 stocks reached 4-week lows
  • 78 stocks in the Nikkei 225 closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 112.87
  • Japan 2-Year Government Bonds are lower with yields up 0.3 basis points to -0.102%
  • Japan 10-Year Government Bonds are flat with yields little changed 0 basis points to 0.133%
  • JGBs 2s-10s Spread has narrowed 0.3 basis points to 0.24%

Chinese Market

  • After being being closed yesterday, Chinese stocks dropped over concerns over an escalation in US-China trade tensions 
  • Hong Kong markets were closed for the Fall Equinox holiday 
  • The CSI closed down 0.90%
  • CNY¥ is currently up 0.284% against the USD$ to 6.8766
  • China RMB 2-Year Government Bonds are higher with yields down -1.3 basis points to 3.206%
  • China RMB 10-Year Government Bonds are higher with yields down -1.1 basis points to 3.688%
  • China Government RMB 2s-10s Spread has widened 0.2 basis points to 0.48%

Australian Market

  • Aussie stocks finished their trading session little changed with investor worries about the impact of rising global trade tensions on the mega-cap mining stocks in the ASX 200 
  • ASX 200 finished down 0.02%
  • Investor sentiment for Aussie stocks finished neutral with the advance/decline ratio for the ASX 200 closing at 1.04x
  • 6 stocks in the ASX 200 hit 4-week highs while 23 stocks reached 4-week lows
  • 5 stocks in the ASX 200 closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7248
  • Aussie 2-Year Government Bonds are lower with yields up 2.1 basis points to 2.109%
  • Australia 10-Year Government Bonds are lower with yields up 4.5 basis points to 2.749%
  • Aussie Government 2s-10s Spread has widened 2.045 basis points to 0.64%

Indian Market

  • Indian stocks finished in the black for the first time in 6 trading sessions as export stocks helped drive the Sensex overnight 
  • A weakening Indian Rupee is putting a bid into tech and pharma stocks which will benefit from a structural weakness in the Rupee
  • The Sensex finished up 0.96% and the Nifty 50 closed higher by 0.91%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 2.1x
  • 2 stocks in the Sensex hit 4-week highs while 7 stocks reached 4-week lows
  • 2 stocks in the Sensex closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently little changed against the USD$ at 72.6237
  • India 2-Year Government Bonds are higher with yields down -0.8 basis points to 7.954%
  • India 10-Year Government Bonds are lower with yields up 0.3 basis points to 8.125%
  • India Government 2s-10s Spread has widened 0.817 basis points to 0.17%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Nisshin Seifun Group Inc Consumer Staples 2459 4.91%      1,598,800.00
Yamato Holdings Co Ltd Industrials 3424 4.39%      2,381,500.00
Shiseido Co Ltd Consumer Staples 8336 4.13%      3,814,100.00
Sompo Holdings Inc Financials 5011 3.66%      1,863,000.00
Eisai Co Ltd Health Care 10645 3.65%      1,308,300.00
 
Underformers Sector Price 1D % Chg Volume
Yaskawa Electric Corp Information Technology 3505 -6.28%      8,131,800.00
JXTG Holdings Inc Energy 855.3 -5.06%    20,921,000.00
Nissan Chemical Corp Materials 5990 -3.23%          968,300.00
Suzuki Motor Corp Consumer Discretionary 6885 -3.11%      3,413,000.00
Mitsui Mining & Smelting Co Ltd Materials 3215 -3.02%      1,560,500.00


ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Beach Energy Ltd Energy 2.04 5.97%          25,409,576
Brickworks Ltd Materials 16.94 4.44%                599,835
Bellamy's Australia Ltd Consumer Staples 9.85 4.12%            1,685,185
BlueScope Steel Ltd Materials 16.35 3.09%            4,607,332
Eclipx Group Ltd Financials 2.45 2.45%            1,906,910
 
Underformers Sector Price 1D % Chg Volume
Webjet Ltd Consumer Discretionary 15.58 -6.03%            1,096,461
Pilbara Minerals Ltd Materials 0.875 -5.41%            6,072,836
St Barbara Ltd Materials 3.3 -5.17%          11,243,154
Lynas Corp Ltd Materials 1.63 -4.96%          11,123,648
Regis Resources Ltd Materials 3.68 -4.66%            5,577,750

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Axis Bank Ltd Financials 615.25 2.96%        960,464.00
Housing Development Finance Corp Ltd Financials 1771.75 2.95%        100,547.00
Kotak Mahindra Bank Ltd Financials 1182.5 2.88%          96,262.00
Hindustan Unilever Ltd Consumer Staples 1634.3 2.72%          29,322.00
Maruti Suzuki India Ltd Consumer Discretionary 8003.3 2.66%          21,459.00
 
Underformers Sector Price 1D % Chg Volume
Power Grid Corp of India Ltd Utilities 192.35 -3.07%        111,432.00
Yes Bank Ltd Financials 219.85 -2.83%        556,217.00
Coal India Ltd Energy 275.2 -2.22%        969,111.00
Adani Ports & Special Economic Zone Ltd Industrials 338.7 -2.04%        135,051.00
Tata Steel Ltd Materials 599.95 -1.10%        504,491.00