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Asian stocks close higher with strong earnings from Japan while Wang Qishan comments that China is "open" to trade talks at Singapore conference

Nov 06, 2018

 

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

Japanese Market

  • Better than expected results from Toyota (7203 JP, TM) boosted sentiment for Japanese stocks and stocks across other Asian regional markets -- Toyota increased its profit outlook and announced a USD$2.2bn stocks buyback programs 
  • The Nikkei 225 finished up 1.14% and the Topix closed up 1.16%
  • Japanese stocks are on pace to report the biggest numbers of earnings misses since 2016.  Notable disappointing earnings results include: Nintendo, Cannon and Fanuc Corp
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 4.49x
  • 14 stocks in the Nikkei 225 hit 4-week highs while 22 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 14 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 113.12
  • Japan 2-Year Government Bonds are lower with yields up 0.2 basis points to -0.126%
  • Japan 10-Year Government Bonds are lower with yields up 0.3 basis points to 0.131%
  • JGBs 2s-10s Spread has widened 0.1 basis points to 0.26%

Chinese Market

  • Chinese Vice President Wang Qishan, an ally of Chinese President Xi Jinping, during Bloomberg’s New Economy conference in Singapore, states that China remains open to discussing solutions to ending the escalation in trade tensions between the US and China but will not be “bullied and oppressed by imperialist powers”
  • The Hang Seng closed up 0.72%, Hang Seng China Enterprise advanced 0.83%, and the CSI 300 retreated 0.6%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 4.56x
  • 3 stocks in the Hang Seng hit 4-week highs while 0 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 7.8323
  • CNY¥ is currently down 0.166% against the USD$ to 6.9142
  • China RMB 2-Year Government Bonds are higher with yields down -1.5 basis points to 3.042%
  • China RMB 10-Year Government Bonds are higher with yields down -1.2 basis points to 3.526%
  • China Government RMB 2s-10s Spread has widened 0.3 basis points to 0.48%

 

 

Australian Market

  • Aussie stocks closed higher for the 7th of the last 8 session as the Reserve Bank of Australia raised its growth expectation to 3.5% for both this year and next
  • ASX 200 finished up 0.98%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 2.57x
  • 13 stocks in the ASX 200 hit 4-week highs while 21 stocks reached 4-week lows
  • 0 stocks in the ASX 200 closed overbought while 17 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.347% against the USD$ to 0.7236
  • Aussie 2-Year Government Bonds are higher with yields down -0.5 basis points to 2.044%
  • Australia 10-Year Government Bonds are higher with yields down -1.5 basis points to 2.727%
  • Aussie Government 2s-10s Spread has narrowed 0.847 basis points to 0.68%

Indian Market

  • Indian stocks managed a small gain after see-sawing back and forth between gains and losses for most of the session
  • The Sensex finished up 0.12% and the Nifty 50 closed higher by 0.06%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.38x
  • 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 0.173% against the USD$ to 73
  • India 2-Year Government Bonds are lower with yields up 3.9 basis points to 7.533%
  • India 10-Year Government Bonds are higher with yields down -0.9 basis points to 7.799%
  • India Government 2s-10s Spread has narrowed 3.727 basis points to 0.27%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Incitec Pivot Ltd Materials 4.2 4.47% 8,422,488
Western Areas Ltd Materials 2.47 4.21% 2,461,486
Bellamy's Australia Ltd Consumer Staples 8.08 4.12% 1,440,502
Syrah Resources Ltd Materials 1.78 4.09% 1,542,078
CSR Ltd Materials 3.34 4.04% 3,591,147
 
Underperformers Sector Price 1D % Chg Volume
Appen Ltd Information Technology 10.44 -2.61%                406,972
SKYCITY Entertainment Group Ltd Consumer Discretionary 3.42 -2.29%                293,396
CYBG PLC Financials 4.74 -2.07%            1,816,117
Infigen Energy Utilities 0.51 -1.92%            1,418,529
Credit Corp Group Ltd Financials 18.94 -1.92%                135,097

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bank of East Asia Ltd/The Financials 26.7 2.89%               1,305,471
CNOOC Ltd Energy 13.9 2.81%            46,157,074
Swire Pacific Ltd Real Estate 85.3 2.77%               1,058,362
CSPC Pharmaceutical Group Ltd Health Care 18.6 2.42%            24,566,672
China Resources Land Ltd Real Estate 28 2.38%               6,522,000
 
Underperformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 75.5 -3.82%            11,034,749
AAC Technologies Holdings Inc Information Technology 60 -3.46%            10,712,196
Geely Automobile Holdings Ltd Consumer Discretionary 16.2 -2.88%            76,452,658
Galaxy Entertainment Group Ltd Consumer Discretionary 45.8 -1.61%            11,017,622
Sands China Ltd Consumer Discretionary 33.5 -1.33%            10,166,856

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Incitec Pivot Ltd Materials 4.2 4.48%            8,422,488
Western Areas Ltd Materials 2.47 4.22%            2,461,486
Bellamy's Australia Ltd Consumer Staples 8.08 4.12%            1,440,502
Syrah Resources Ltd Materials 1,78 4.09%            1,542,078
CSR Ltd Materials 3.34 4.05%            3,591,147
 
Underperformers Sector Price 1D % Chg Volume
Appen Ltd Information Technology 10.44 -2.61%                406,972
SKYCITY Entertainment Group Ltd Consumer Discretionary 3.42 -2.29%                293,396
CYBG PLC Financials 4.74 -2.07%            1,816,117
Infigen Energy Utilities 0.51 -1.92%            1,418,529
Credit Corp Group Ltd Financials 18.94 -1.92%                135,097

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tata Consultancy Services Ltd Information Technology 1931.95 2.22%                57,673
Tata Motors Ltd Consumer Discretionary 104.15 2.11%              176,569
Yes Bank Ltd Financials 214.45 1.95%              556,217
Tata Motors Ltd Consumer Discretionary 192.85 1.69%              743,398
Reliance Industries Ltd Energy 1103.45 1.37%              278,816
 
Underperformers Sector Price 1D % Chg Volume
State Bank of India Financials 286.5 -2.98%          3,477,241
Axis Bank Ltd Financials 607.6 -2.67%              960,464
Maruti Suzuki India Ltd Consumer Discretionary 7073.25 -1.31%                21,459
IndusInd Bank Ltd Financials 1475.5 -1.09%                42,184
Adani Ports & Special Economic Zone Ltd Industrials 325.75 -1.00%              135,051