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Asian stocks closed higher with Japan's Nikkei 225 closing at the highest level in 27 years

Oct 01, 2018

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

Japanese Market

  • Japanese stocks continue to be buoyed by a weakening Yen which supports export-sensitive stocks in the Nikkei 225 (and Topix) -- the Nikkei 225 is nearing a 27-year high though trading throughout the day was on very light volume
  • The Nikkei 225 finished up 0.52% and the Topix closed up 0.04%
  • Today’s close in the Nikkei 225 is the highest level since November 1991 
  • Bloomberg reports that Nikkei 225 index futures have become one of the favorite asset classes of Quant CTAs (commodity trading advisers) -- Japan-focused strategists are worried that the CTAs have put an unnatural bid into the Nikkei 225 with stocks valuations decoupling from a realistic earnings outlook
  • Investor sentiment for Japanese stocks finished neutral with the advance/decline ratio for the Nikkei 225 closing at 1.08x
  • 83 stocks in the Nikkei 225 hit 4-week highs while 5 stocks reached 4-week lows
  • 63 stocks in the Nikkei 225 closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.246% against the USD$ to 113.98
  • Japan 2-Year Government Bonds are flat with yields little changed 0 basis points to -0.111%
  • Japan 10-Year Government Bonds are lower with yields up 0.6 basis points to 0.136%
  • JGBs 2s-10s Spread has widened 0.6 basis points to 0.25%

Chinese Market

  • Chinese and Hong Kong Stocks were closed for the National Day holiday 

Australian Market

  • Aussie stocks started the final quarter of the year in the red, the worst start to a new month since March 2018
  • ASX 200 finished down 0.57%
  • Volume was very light with volume for ASX 200 stocks 50% of the 30-day moving average with Sydney observing a local public holiday
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.49x
  • 24 stocks in the ASX 200 hit 4-week highs while 10 stocks reached 4-week lows
  • 5 stocks in the ASX 200 closed overbought while 1 stock closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7215
  • Aussie 2-Year Government Bonds are flat with yields little changed 0 basis points to 2.034%
  • Australia 10-Year Government Bonds are flat with yields little changed 0 basis points to 2.668%
  • Aussie Government 2s-10s Spread has little changed 0.125 basis points to 0.63%

Indian Market

  • Indian stocks finished in the black overnight, following three straight trading sessions of declines after the Indian government sought court approval to take control of lender IL&FS  -- the Indian government received approval after the market close 
  • The Indian government plans on stopping the financial collapse of IL&FS by replacing management and infusing the company with capital – IL&FS defaulted on debt payments last week
  • The Sensex finished up 0.83% and the Nifty 50 closed higher by 0.71%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 2.88x
  • 0 stocks in the Sensex hit 4-week highs while 10 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.512% against the USD$ to 72.8613
  • India 2-Year Government Bonds are higher with yields down -5.6 basis points to 7.784%
  • India 10-Year Government Bonds are higher with yields down -4.1 basis points to 7.983%
  • India Government 2s-10s Spread has widened 6.112 basis points to 0.2%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
ITOCHU Corp Industrials 2225 6.97%    19,032,900.00
SCREEN Holdings Co Ltd Information Technology 6940 4.52%          800,400.00
JTEKT Corp Industrials 1737 4.45%      2,739,300.00
Yaskawa Electric Corp Information Technology 3525 4.44%      4,127,000.00
Tokai Carbon Co Ltd Materials 2321 4.03%    14,615,300.00
 
Underformers Sector Price 1D % Chg Volume
Takashimaya Co Ltd Consumer Discretionary 1847 -3.75%      1,538,000.00
Yamaha Corp Consumer Discretionary 5840 -2.99%          863,700.00
Chiyoda Corp Industrials 898 -2.92%      4,685,100.00
Takeda Pharmaceutical Co Ltd Health Care 4723 -2.84%      6,649,900.00
GS Yuasa Corp Industrials 2722 -2.68%          742,900.00


ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Xero Ltd Information Technology 50.61 3.29%          466,348.00
Eclipx Group Ltd Financials 2.64 2.72%      1,694,882.00
Lynas Corp Ltd Materials 1.635 2.51%      6,508,711.00
Bellamy's Australia Ltd Consumer Staples 10.43 1.96%          934,032.00
GWA Group Ltd Industrials 3.18 1.96%          768,092.00
 
Underformers Sector Price 1D % Chg Volume
Nufarm Ltd/Australia Materials 6.05 -8.42%      4,547,514.00
Australian Pharmaceutical Industries Ltd Health Care 1.66 -3.77%      1,651,547.00
Afterpay Touch Group Ltd Information Technology 17.39 -3.12%          911,431.00
Primary Health Care Ltd Health Care 2.95 -2.96%          712,198.00
TPG Telecom Ltd Telecommunication Services 8.3 -2.81%      1,186,856.00

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 201.2 9.68%        556,217.00
Tata Motors Ltd Consumer Discretionary 121 3.86%        176,569.00
Tata Consultancy Services Ltd Information Technology 2255.8 3.26%          57,673.00
State Bank of India Financials 273.05 3.04%    3,477,241.00
ICICI Bank Ltd Financials 314.15 3.00%    4,618,326.00
 
Underformers Sector Price 1D % Chg Volume
Bharti Airtel Ltd Telecommunications 325.85 -3.67%        176,699.00
Axis Bank Ltd Financials 593.95 -3.00%        960,464.00
IndusInd Bank Ltd Financials 1643.5 -2.58%          42,184.00
Reliance Industries Ltd Energy 1231.55 -2.12%        278,816.00
Kotak Mahindra Bank Ltd Financials 1124.45 -1.67%          96,262.00