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Asian stocks close strong as optimism for a US-China trade deal powers risk-on sentiment throughout Asian markets

Nov 02, 2018

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

Japanese Market

  • Japanese stocks closed higher on optimism for a US-China trade deal as President Trump said he had a productive talk with Chinese President Xi Jingping
  • The Nikkei 225 finished up 2.56% and the Topix closed up 1.64%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 2.95x
  • 10 stocks in the Nikkei 225 hit 4-week highs while 29 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 22 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 112.83
  • Japan 2-Year Government Bonds are higher with yields down -0.5 basis points to -0.128%
  • Japan 10-Year Government Bonds are lower with yields up 0.6 basis points to 0.129%
  • JGBs 2s-10s Spread has widened 1.1 basis points to 0.26%

Chinese Market

  • Trump-Xi discussion on possible resolution to US-China trade war ignites Chinese markets
  • The 4%+ jump in the Hang Seng is the biggest one day for the index since CY2015
  • The Hang Seng closed up 4.21%, Hang Seng China Enterprise advanced 3.97%, and the CSI 300 rose 3.56%
  • 6 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 2 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently down 0.216% against the USD$ to 7.817
  • CNY¥ is currently down 0.777% against the USD$ to 6.8695
  • China RMB 2-Year Government Bonds are higher with yields down -1.1 basis points to 3.065%
  • China RMB 10-Year Government Bonds are lower with yields up 3.2 basis points to 3.554%
  • China Government RMB 2s-10s Spread has widened 4.3 basis points to 0.49%

Australian Market

  • Aussie stocks closed higher for the sixth straight session 
  • Aussie market reversed today on news of Trump-Xi discussions on US-China trade war, ASX 200 finished up 0.14%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.94x
  • 9 stocks in the ASX 200 hit 4-week highs while 14 stocks reached 4-week lows
  • 0 stocks in the ASX 200 closed overbought while 14 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.722% against the USD$ to 0.7258
  • Aussie 2-Year Government Bonds are lower with yields up 2.2 basis points to 2.022%
  • Australia 10-Year Government Bonds are lower with yields up 4.8 basis points to 2.694%
  • Aussie Government 2s-10s Spread has widened 1.478 basis points to 0.67%

Indian Market

  • Indian stocks closed the week with the best performance since May, 2016; easing tension between the government and the Central Bank brought buyers back to the market
  • The Sensex finished up 1.68% and the Nifty 50 closed higher by 1.66%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 5.2x
  • 6 stocks in the Sensex hit 4-week highs while 1 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 1.363% against the USD$ to 72.4525
  • India 2-Year Government Bonds are higher with yields down -7.7 basis points to 7.48%
  • India 10-Year Government Bonds are higher with yields down -5.3 basis points to 7.77%
  • India Government 2s-10s Spread has widened 9.063 basis points to 0.29%

Nikkei 225 Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Sumitomo Dainippon Pharma Co Ltd Health Care 2466 14.59%      3,347,900.00
Hitachi Construction Machinery Co Ltd Industrials 3215 8.47%      2,775,900.00
SCREEN Holdings Co Ltd Information Technology 6550 8.09%          987,800.00
Advantest Corp Information Technology 2403 8.00%    12,085,100.00
Nisshinbo Holdings Inc Industrials 1122 7.68%      1,898,500.00

 

Underperformers Sector Price 1D% CHG  Volume 
Chiyoda Corp Industrials 382 -17.32%          28,601,200
Oji Holdings Corp Materials 739 -5.26%            7,748,670
Kansai Electric Power Co Inc/The Utilities 1682 -4.76%            3,191,100
Mitsui E&S Holdings Co Ltd Industrials 1431 -4.60%            3,638,400
Asahi Kasei Corp Materials 1303 -3.52%            9,768,500

Hong Kong Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
WH Group Ltd Consumer Staples 6 13.64%          153,456,776
Geely Automobile Holdings Ltd Consumer Discretionary 17.2 11.72%          172,301,813
Sands China Ltd Consumer Discretionary 35.2 10.69%            38,033,733
Sunny Optical Technology Group Co Ltd Information Technology 80.5 10.27%            19,394,796
Galaxy Entertainment Group Ltd Consumer Discretionary 47.9 9.49%            42,772,367
 
Underformers Sector Price 1D % Chg Volume
China Mobile Ltd Telecommunication Services 74.1 0.14%            24,333,884
PetroChina Co Ltd Energy 5.82 0.52%          223,381,374
CLP Holdings Ltd Utilities 87.7 0.98%               4,224,576
CNOOC Ltd Energy 13.6 1.04%          150,558,040
Bank of Communications Co Ltd Financials 5.93 1.37%            52,171,961

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
WH Group Ltd Consumer Staples 6 13.64%          153,456,776
Geely Automobile Holdings Ltd Consumer Discretionary 17.2 11.72%          172,301,813
Sands China Ltd Consumer Discretionary 35.2 10.69%            38,033,733
Sunny Optical Technology Group Co Ltd Information Technology 80.5 10.27%            19,394,796
Galaxy Entertainment Group Ltd Consumer Discretionary 47.9 9.49%            42,772,367
 
Underformers Sector Price 1D % Chg Volume
China Mobile Ltd Telecommunication Services 74.1 0.14%            24,333,884
PetroChina Co Ltd Energy 5.82 0.52%          223,381,374
CLP Holdings Ltd Utilities 87.7 0.98%               4,224,576
CNOOC Ltd Energy 13.6 1.04%          150,558,040
Bank of Communications Co Ltd Financials 5.93 1.37%            52,171,961

Sensex Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Maruti Suzuki India Ltd Consumer Discretionary 7136.8 6.37%          21,459.00
Tata Motors Ltd Consumer Discretionary 190 6.29%        743,398.00
Vedanta Ltd Materials 225.75 6.04%    1,019,151.00
Tata Motors Ltd Consumer Discretionary 102.7 5.33%        176,569.00
IndusInd Bank Ltd Financials 1542.45 5.29%          42,184.00
 
Underformers Sector Price 1D % Chg Volume
Wipro Ltd Information Technology 319.1 -3.29%        222,541.00
Tata Consultancy Services Ltd Information Technology 1909.8 -1.28%          57,673.00
Infosys Ltd Information Technology 662.05 -0.65%    1,581,820.00
State Bank of India Financials 285.45 -0.09%    3,477,241.00
Sun Pharmaceutical Industries Ltd Health Care 571.4 -0.03%        213,552.00