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Asian stocks closed higher as MSCI is considering increasing the weighting of Chinese mega-cap companies in its global indices and adding Chinese mid-cap stocks to some select indices in CY2019

Sep 26, 2018

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

Japanese Market

  • Japanese stocks bounced back from a negative open to finish relatively positive ahead of the US Fed decision as a weaker Yen boosted equity valuations
  • The Nikkei 225 finished up 0.39% and the Topix closed down 0.04%
  • While the Nikkei 225 finished positive, the Topix ended its 7-day rally as more than 1,000 stocks traded ex-dividend
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.89x
  • 125 stocks in the Nikkei 225 hit 4-week highs while 2 stocks reached 4-week lows
  • 85 stocks in the Nikkei 225 closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 112.9
  • Japan 2-Year Government Bonds are higher with yields down -0.5 basis points to -0.107%
  • Japan 10-Year Government Bonds are higher with yields down -0.7 basis points to 0.126%
  • JGBs 2s-10s Spread has narrowed 0.2 basis points to 0.23%

Chinese Market

  • Chinese stocks rallied on the announcement that MSCI plans to boost the weighting of A-shares in its indices and that the Chinese intend to lower tariffs on imports of selected consumer goods -- approximately 14% of Chinese imports consist of consumer goods 
  • Reuters is reporting that foreign holdings of A-Shares has increased, even in the face of the current trade dispute between China and the US -- large asset management firms in the US and Europe continue to see “value” in the Chinese stock market as officials in Beijing continue to pursue policies that are opening up domestic capital markets 
  • Hong Kong stocks traded up in sympathy with A-Shares after being closed yesterday for the Fall Equinox holiday
  • The Hang Seng closed up 1.15%, Hang Seng China Enterprise advanced 1.46%, and the CSI 300 rose 1.11%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 3.55x
  • 2 stocks in the Hang Seng hit 4-week highs while 1 stocks reached 4-week lows
  • 0 stocks 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 7.8119
  • CNY¥ is currently little changed against the USD$ at 6.8732
  • China RMB 2-Year Government Bonds are higher with yields down -0.1 basis points to 3.205%
  • China RMB 10-Year Government Bonds are higher with yields down -3 basis points to 3.658%
  • China Government RMB 2s-10s Spread has narrowed 2.9 basis points to 0.45%

Australian Market

  • Aussie stocks drifted higher this morning on limited news flow  
  • ASX 200 finished up 0.1%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 1.27x
  • 10 stocks in the ASX 200 hit 4-week highs while 19 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 0.7258
  • Aussie 2-Year Government Bonds are higher with yields down -2.4 basis points to 2.085%
  • Australia 10-Year Government Bonds are higher with yields down -1.6 basis points to 2.733%
  • Aussie Government 2s-10s Spread has widened 2.51 basis points to 0.65%

Indian Market

  • Indian stocks dropped overnight on concerns that a weaker Rupee and higher oil prices will pressure the outlook for corporate earnings
  • The Sensex finished down 0.3% and the Nifty 50 closed lower by 0.12%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.63x
  • 0 stocks in the Sensex hit 4-week highs while 8 stocks reached 4-week lows
  • 2 stocks in the Sensex closed overbought while 5 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.174% against the USD$ to 72.5688
  • India 2-Year Government Bonds are higher with yields down -9.4 basis points to 7.86%
  • India 10-Year Government Bonds are higher with yields down -6 basis points to 8.066%
  • India Government 2s-10s Spread has widened 9.574 basis points to 0.21%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tokai Carbon Co Ltd Materials 2244 4.96%    19,735,300.00
Showa Denko KK Materials 6080 4.65%      4,095,000.00
Nippon Suisan Kaisha Ltd Consumer Staples 694 3.74%      4,565,600.00
Takeda Pharmaceutical Co Ltd Health Care 4835 3.60%    10,153,100.00
JXTG Holdings Inc Energy 873.5 3.34%    15,238,500.00
 
Underformers Sector Price 1D % Chg Volume
Nissan Motor Co Ltd Consumer Discretionary 1055 -4.14%    27,831,100.00
Suzuki Motor Corp Consumer Discretionary 6578 -3.94%      5,838,400.00
Teijin Ltd Materials 2139 -3.87%      2,769,400.00
Daiwa Securities Group Inc Financials 695.2 -2.67%      9,488,100.00
Mitsui OSK Lines Ltd Industrials 3245 -2.11%          915,800.00

Hang Seng Movers

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

 
Outperformers Sector Price 1D % Chg Volume
PetroChina Co Ltd Energy 6.27 4.85%    228,084,773.00
CNOOC Ltd Energy 14.8 4.36%      79,163,282.00
Link REIT Real Estate 76.7 4.00%         7,214,000.00
AAC Technologies Holdings Inc Information Technology 82.4 3.84%         4,109,809.00
CSPC Pharmaceutical Group Ltd Health Care 17.1 2.76%      35,168,644.00
 
Underformers Sector Price 1D % Chg Volume
Country Garden Holdings Co Ltd Real Estate 10.6 -2.03%      62,341,476.00
Sands China Ltd Consumer Discretionary 35.7 -1.24%      15,906,785.00
China Merchants Port Holdings Co Ltd Industrials 14.7 -0.67%         3,852,980.00
CLP Holdings Ltd Utilities 91.1 -0.65%         3,125,912.00
Want Want China Holdings Ltd Consumer Staples 6.53 -0.61%      12,443,005.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Afterpay Touch Group Ltd Information Technology 16.97 6.06%      1,524,296.00
Vocus Group Ltd Telecommunication Services 3.22 4.89%      4,536,573.00
Qube Holdings Ltd Industrials 2.69 4.26%      4,945,391.00
Appen Ltd Information Technology 14.21 4.26%          724,925.00
St Barbara Ltd Materials 3.42 3.64%      9,719,960.00
 
Underformers Sector Price 1D % Chg Volume
Australian Pharmaceutical Industries Ltd Health Care 1.71 -9.76%      7,638,226.00
Syrah Resources Ltd Materials 2.23 -5.11%      2,095,526.00
Iluka Resources Ltd Materials 9.69 -3.29%      4,255,202.00
CSR Ltd Materials 3.81 -2.56%      5,120,607.00
Beach Energy Ltd Energy 1.99 -2.45%    16,121,331.00

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Vedanta Ltd Materials 241.55 4.70%    1,019,151.00
Yes Bank Ltd Financials 223.65 1.73%        556,217.00
Reliance Industries Ltd Energy 1251.75 1.72%        278,816.00
Tata Steel Ltd Materials 609.05 1.52%        504,491.00
Larsen & Toubro Ltd Industrials 1332.7 1.05%        105,946.00
 
Underformers Sector Price 1D % Chg Volume
Tata Motors Ltd Consumer Discretionary 123.3 -3.29%        176,569.00
Tata Motors Ltd Consumer Discretionary 233.3 -3.15%        743,398.00
Wipro Ltd Information Technology 319.9 -2.91%        222,541.00
ITC Ltd Consumer Staples 293 -2.67%        926,480.00
State Bank of India Financials 264 -2.31%    3,477,241.00