blog

Latest from the Quantamize Blog

Asian stocks close higher overnight, building on the positive market sentiment that fueled US markets yesterday

Oct 17, 2018

Start Your Free Trial Today

 

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

Japanese Market

  • Japanese stocks traded up in sympathy the move in US stocks yesterday as the positive sentiment to US earnings boosted sentiment to Japanese stocks
  • The Nikkei 225 finished up 1.29% and the Topix closed up 1.54%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 5.25x
  • 0 stocks in the Nikkei 225 hit 4-week highs while 69 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 112.29
  • Japan 2-Year Government Bonds are higher with yields down -0.1 basis points to -0.115%
  • Japan 10-Year Government Bonds are flat with yields little changed 0 basis points to 0.148%
  • JGBs 2s-10s Spread has widened 0.1 basis points to 0.26%

Chinese Market

  • Chinese stocks swung between gains and losses before finishing their trading session in the black with investors focused on the USD$613 billion of shares pledged as collateral for loans at major state banks 
  • Local traders are highlighting that Chinese stocks are now cheap but worries about a continued downdraft remains a real fear -- the benchmark CSI 300 (large-cap Chinese stocks) are near a 3-year low 
  • Hong Kong markets were closed for the Chung Yeung Festival holiday
  • Hang Seng China Enterprise advanced 0.53% and the CSI 300 rose 0.56%
  • HKD$ is currently little changed against the USD$ at 7.838
  • CNY¥ is currently up 0.239% against the USD$ to 6.9285
  • China RMB 2-Year Government Bonds are lower with yields up 3.5 basis points to 3.14%
  • China RMB 10-Year Government Bonds are lower with yields up 0.2 basis points to 3.588%
  • China Government RMB 2s-10s Spread has narrowed 3.3 basis points to 0.45%

Australian Market

  • Aussie stocks rose for the second straight day after hitting a six-month low on Monday 
  • ASX 200 finished up 1.18%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 3.35x
  • 10 stocks in the ASX 200 hit 4-week highs while 40 stocks reached 4-week lows
  • 4 stocks in the ASX 200 closed overbought while 47 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.182% against the USD$ to 0.7128
  • Aussie 2-Year Government Bonds are higher with yields down -1.1 basis points to 2.026%
  • Australia 10-Year Government Bonds are higher with yields down -1 basis points to 2.702%
  • Aussie Government 2s-10s Spread has widened 1.282 basis points to 0.68%

Indian Market

  • Indian stocks were an outlier overnight, posting its first day in the red after three straight days of gains 
  • Local investors returned to worrying about tighter liquidity in the financial sector after Indiabulls Housing Finance (IHFL IN) plunged 13% after reporting exporting exposure to a failing real estate developer
  • The Sensex finished down 1.09% and the Nifty 50 closed lower by 1.24%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.29x
  • 0 stocks in the Sensex hit 4-week highs while 0 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.153% against the USD$ to 73.5887
  • India 2-Year Government Bonds are lower with yields up 6.5 basis points to 7.671%
  • India 10-Year Government Bonds are lower with yields up 3.8 basis points to 7.911%
  • India Government 2s-10s Spread has narrowed 6.347 basis points to 0.24%
     

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
SUMCO Corp Information Technology 1641 5.53%    11,386,700
SCREEN Holdings Co Ltd Information Technology 6740 5.48%          808,400
Taiyo Yuden Co Ltd Information Technology 2528 4.46%      4,306,200
Yamato Holdings Co Ltd Industrials 3325 4.43%      1,562,500
Yaskawa Electric Corp Information Technology 3380 4.16%      4,683,500
 
Underformers Sector Price 1D % Chg Volume
Kawasaki Kisen Kaisha Ltd Industrials 1806 -14.37%      3,707,200
Mitsui OSK Lines Ltd Industrials 2941 -7.52%      3,746,200
Nippon Yusen KK Industrials 1961 -6.04%      6,005,500
JFE Holdings Inc Materials 2464 -3.03%      4,846,400
Pacific Metals Co Ltd Materials 3860 -1.66%          205,700


ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bellamy's Australia Ltd Consumer Staples 9.18 12.50%               2,517,063
Blackmores Ltd Consumer Staples 127.6 8.79%                  119,034
a2 Milk Co Ltd Consumer Staples 9.8 8.53%               8,786,101
Link Administration Holdings Ltd Information Technology 7.75 6.02%               5,271,965
Bega Cheese Ltd Consumer Staples 6.51 5.68%               1,484,538
 
Underformers Sector Price 1D % Chg Volume
Afterpay Touch Group Ltd Information Technology 11.35 -18.93%               7,278,782
Credit Corp Group Ltd Financials 18.85 -9.20%                  449,298
Perpetual Ltd Financials 36.38 -4.81%                  488,852
BlueScope Steel Ltd Materials 15.2 -3.37%               2,326,978
Sims Metal Management Ltd Materials 12.1 -3.28%               1,307,097

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
ITC Ltd Consumer Staples 286.35 1.34%        926,480.00
Wipro Ltd Information Technology 324 1.20%        222,541.00
Infosys Ltd Information Technology 704.5 1.16%    1,581,820.00
Coal India Ltd Energy 279.65 1.14%        969,111.00
Hindustan Unilever Ltd Consumer Staples 1561.05 1.08%          29,322.00
 
Underformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 231.75 -6.85%        556,217.00
Adani Ports & Special Economic Zone Ltd Industrials 314.3 -5.62%        135,051.00
Maruti Suzuki India Ltd Consumer Discretionary 6878.7 -3.79%          21,459.00
Tata Motors Ltd Consumer Discretionary 179.2 -3.40%        743,398.00
Tata Steel Ltd Materials 554.65 -3.39%        504,491.00