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Asian stocks plunged overnight in the wake of the US selloff, Chinese stocks down most since February 2016 with 1,000 stocks falling by daily limit

Oct 11, 2018

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

Asian Market Comment

  • Asian stocks plunged overnight with the rout in US stocks carrying over to Asian markets 
  • The Yen briefly hit a 3-week high before settling down around USD/JPY 112 
  • Chinese stocks dropped the most since February 2016 with over 1,000 stocks falling by the daily limit 
  • The drop in the Hang Seng was its biggest 1-day fall since February 2018

Japanese Market

  • The Nikkei 225 finished down 3.89% and the Topix closed down 3.52%
  • Investors sentiment for Japanese stocks finished extremely negative with 1 stock higher and 224 stocks lower
  • 19 stocks in the Nikkei 225 closed overbought while 4 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 112.23
  • Japan 2-Year Government Bonds are higher with yields down -0.2 basis points to -0.117%
  • Japan 10-Year Government Bonds are higher with yields down -1 basis points to 0.146%
  • JGBs 2s-10s Spread has narrowed 0.8 basis points to 0.26%

Chinese Market

  • The Hang Seng closed down 3.54%, Hang Seng China Enterprise declined 3.35%, and the CSI 300 retreated 4.8%
  • Investor sentiment closed extremely negative in Chinese markets: The Hang Seng had 0 stocks higher and 50 stocks lower, Hang Seng China Enterprise had 0 stocks higher and 1 stock lower and the CSI has 1 stock higher and 299 stocks lower
  • 3 stocks in the Hang Seng hit 4-week highs while 11 stocks reached 4-week lows
  • 1 stock in the Hang Seng closed overbought while 6 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8374
  • CNY¥ is currently little changed against the USD$ at 6.9153
  • China RMB 2-Year Government Bonds are higher with yields down -1.9 basis points to 3.151%
  • China RMB 10-Year Government Bonds are higher with yields down -3.2 basis points to 3.59%
  • China Government RMB 2s-10s Spread has narrowed 1.3 basis points to 0.44%

Australian Market

  • ASX 200 finished down 2.74%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.06x
  • 7 stocks in the ASX 200 hit 4-week highs while 68 stocks reached 4-week lows
  • 2 stocks in the ASX 200 closed overbought while 19 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.595% against the USD$ to 0.7097
  • Aussie 2-Year Government Bonds are higher with yields down -1 basis points to 2.027%
  • Australia 10-Year Government Bonds are higher with yields down -1.7 basis points to 2.731%
  • Aussie Government 2s-10s Spread has narrowed 1.595 basis points to 0.7%

Indian Market

  • The Sensex finished down 2.19% and the Nifty 50 closed lower by 2.16%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.11x
  • 0 stocks in the Sensex hit 4-week highs while 5 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 6 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.163% against the USD$ to 74.0938
  • India 2-Year Government Bonds are higher with yields down -10.4 basis points to 7.635%
  • India 10-Year Government Bonds are higher with yields down -4.5 basis points to 7.986%
  • India Government 2s-10s Spread has widened 10.563 basis points to 0.35%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Daiwa House Industry Co Ltd Real Estate 3363 0.21%      3,542,500.00
Aeon Co Ltd Consumer Staples 2673 -0.93%      4,518,500.00
Maruha Nichiro Corp Consumer Staples 4100 -0.97%          296,100.00
West Japan Railway Co Industrials 7744 -0.97%          949,600.00
Tokyo Gas Co Ltd Utilities 2763 -1.06%      1,452,500.00
 
Underformers Sector Price 1D % Chg Volume
Nippon Sheet Glass Co Ltd Industrials 1163 -9.91%      3,148,200.00
FANUC Corp Industrials 19005 -6.84%      3,241,600.00
Shiseido Co Ltd Consumer Staples 7317 -6.65%      5,242,900.00
JXTG Holdings Inc Energy 802 -6.52%    18,493,300.00
TDK Corp Information Technology 10540 -6.23%      2,260,800.00

Hang Seng Movers

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

 
Outperformers Sector Price 1D % Chg Volume
China Mengniu Dairy Co Ltd Consumer Staples 22.7 -0.22%      17,448,843.00
CLP Holdings Ltd Utilities 88 -1.01%         5,660,835.00
Link REIT Real Estate 71.6 -1.17%         8,614,460.00
WH Group Ltd Consumer Staples 5.84 -1.18%      58,140,568.00
China Petroleum & Chemical Corp Energy 6.72 -1.32%    194,242,196.00
 
Underformers Sector Price 1D % Chg Volume
AAC Technologies Holdings Inc Information Technology 70 -7.29%         9,897,870.00
Country Garden Holdings Co Ltd Real Estate 7.98 -7.10%    105,246,300.00
Tencent Holdings Ltd Information Technology 267 -6.77%      67,627,840.00
Geely Automobile Holdings Ltd Consumer Discretionary 12.9 -6.25%      81,893,151.00
Sunny Optical Technology Group Co Ltd Information Technology 71.3 -6.18%      15,951,455.00

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Evolution Mining Ltd Materials 2.88 6.27%      12,215,374.00
St Barbara Ltd Materials 3.73 6.27%         5,253,823.00
Saracen Mineral Holdings Ltd Materials 2.01 3.08%         3,665,026.00
Regis Resources Ltd Materials 3.85 2.94%         4,005,333.00
Resolute Mining Ltd Materials 1.02 2,52%         7,598,356.00
 
Underformers Sector Price 1D % Chg Volume
Afterpay Touch Group Ltd Information Technology 13.76 -11.05%         4,991,010.00
WiseTech Global Ltd Information Technology 16.43 -10.46%         1,491,630.00
Appen Ltd Information Technology 11.25 -10.29%         1,757,740.00
a2 Milk Co Ltd Consumer Staples 8.34 -9.84%      13,484,435.00
Altium Ltd Information Technology 22.15 -7.90%         1,118,959.00

Sensex Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Oil & Natural Gas Corp Ltd Energy 152.9 2.86%        845,921.00
Yes Bank Ltd Financials 240 2.54%        556,217.00
Hindustan Unilever Ltd Consumer Staples 1528.5 0.09%          29,322.00
Power Grid Corp of India Ltd Utilities 186.05 -0.64%        111,432.00
Asian Paints Ltd Materials 1216.05 -0.81%          85,300.00
 
Underformers Sector Price 1D % Chg Volume
State Bank of India Financials 262.15 -5.74%    3,477,241.00
Tata Steel Ltd Materials 556.25 -4.60%        504,491.00
Vedanta Ltd Materials 207.9 -4.45%    1,019,151.00
Mahindra & Mahindra Ltd Consumer Discretionary 730.15 -4.44%          64,213.00
Adani Ports & Special Economic Zone Ltd Industrials 314.3 -3.66%        135,051.00