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Asian stocks mixed on expected weak Japanese GDP data and oil weakness

Nov 14, 2018

 

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

Japanese Market

  • Japanese GDP contracted 1.2% in 3Q, worse than the 1% contraction expected by market forecasters as the impact of the September earthquake in Hokkaido was a drag on productivity this quarter – GDP is expected to rebound in 4Q 
  • The Nikkei 225 finished up 0.16% and the Topix closed up 0.17%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 1.59x
  • 4 stocks in the Nikkei 225 hit 4-week highs while 35 stocks reached 4-week lows
  • 3 stocks in the Nikkei 225 closed overbought while 13 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 113.88
  • Japan 2-Year Government Bonds are higher with yields down -0.1 basis points to -0.139%
  • Japan 10-Year Government Bonds are higher with yields down -0.3 basis points to 0.111%
  • JGBs 2s-10s Spread has narrowed 0.2 basis points to 0.25%

Chinese Market

  • China retail sales grew +8.6% in October 2018, a deceleration from the +9.2% pace in September 2018 and below market expectations for +9.2%
  • The Hang Seng closed down 0.54%, Hang Seng China Enterprise declined 0.7%, and the CSI 300 retreated 1%
  • Volume in Hong Kong was weaker than normal with total turnover little more than 40% below the rolling 20-day average for volume traded on the Hong Kong Stock Exchange 
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.72x
  • 2 stocks in the Hang Seng hit 4-week highs while 4 stocks reached 4-week lows
  • 0 stocks in the Hang Seng closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8327
  • CNY¥ is currently little changed against the USD$ at 6.9539
  • China RMB 2-Year Government Bonds are higher with yields down -5.1 basis points to 2.865%
  • China RMB 10-Year Government Bonds are higher with yields down -5.1 basis points to 3.432%
  • China Government RMB 2s-10s Spread has little changed 0 basis points to 0.57%

 

 

Australian Market

  • Aussie stocks closed lower on the oil price plunge with local energy companies especiallysuffering
  • ASX 200 finished down 1.74%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.2x
  • 23 stocks in the ASX 200 hit 4-week highs while 22 stocks reached 4-week lows
  • 8 stocks in the ASX 200 closed overbought while 11 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.208% against the USD$ to 0.7203
  • Aussie 2-Year Government Bonds are higher with yields down -1.4 basis points to 2.052%
  • Australia 10-Year Government Bonds are higher with yields down -3 basis points to 2.7%
  • Aussie Government 2s-10s Spread has narrowed 1.608 basis points to 0.65%

Indian Market

  • Stocks moved sideways; while yesterday the oil price weakness boosted stocks with the focus on lower costs for domestic concerns, today local strategists are noting oil price weakness' indication of potentially lower global growth
  • The Sensex finished down 0.01% and the Nifty 50 closed lower by 0.06%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.82x
  • 3 stocks in the Sensex hit 4-week highs while 0 stocks reached 4-week lows
  • 1 stocks in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.501% against the USD$ to 72.31
  • India 2-Year Government Bonds are higher with yields down -6 basis points to 7.346%
  • India 10-Year Government Bonds are higher with yields down -2.9 basis points to 7.733%
  • India Government 2s-10s Spread has widened 6.501 basis points to 0.39%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tokyo Electric Power Co Holdings Inc Utilities 630 6.78%          29,661,700
SoftBank Group Corp Telecommunication Services 9362 4.71%          13,341,700
SUMCO Corp Information Technology 1643 4.45%          11,124,800
Yaskawa Electric Corp Information Technology 3470 4.05%            5,077,300
Nitto Denko Corp Materials 6146 3.89%            1,474,700
 
Underperformers Sector Price 1D % Chg Volume
Ebara Corp Industrials 2980 -8.45%            1,949,400
Credit Saison Co Ltd Financials 1641 -5.69%            2,848,000
Otsuka Holdings Co Ltd Health Care 5302 -5.19%            2,144,400
Chiyoda Corp Industrials 324 -4.99%          10,784,400
Marui Group Co Ltd Consumer Discretionary 2510 -3.76%            1,439,700

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Link REIT Real Estate 73.7 1.87%               5,663,281
Henderson Land Development Co Ltd Real Estate 37.7 1.21%               2,307,308
Want Want China Holdings Ltd Consumer Staples 5.74 1.06%            40,893,700
China Overseas Land & Investment Ltd Real Estate 25.3 1.00%               9,641,324
CITIC Ltd Industrials 12.3 0.99%               6,943,724
 
Underperformers Sector Price 1D % Chg Volume
CSPC Pharmaceutical Group Ltd Health Care 17.7 -5.55%            31,037,680
CNOOC Ltd Energy 12.7 -4.65%          116,089,479
PetroChina Co Ltd Energy 5.67 -3.57%          163,700,169
China Petroleum & Chemical Corp Energy 6.51 -2.25%          124,804,503
AIA Group Ltd Financials 63.5 -1.93%            17,774,069

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
CYBG PLC Financials 4.91 3.37%            8,550,817
Corporate Travel Management Ltd Consumer Discretionary 22.9 3.01%                964,471
Washington H Soul Pattinson & Co Ltd Energy 30.6 3.00%            1,395,067
WiseTech Global Ltd Information Technology 15.65 2.28%                659,979
Seven West Media Ltd Consumer Discretionary 0.745 2.05%            4,017,862
 
Underperformers Sector Price 1D % Chg Volume
Aveo Group Real Estate 1.7 -9.81%          12,567,037
Pact Group Holdings Ltd Materials 3.25 -9.72%            5,767,266
Sigma Healthcare Ltd Health Care 0.49 -6.67%            3,904,978
Breville Group Ltd Consumer Discretionary 11.55 -6.25%                340,637
Sandfire Resources NL Materials 6.73 -6.14%                999,128

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Maruti Suzuki India Ltd Consumer Discretionary 7372.35 3.16%                21,459
Hindustan Unilever Ltd Consumer Staples 1718.2 2.75%                29,322
Asian Paints Ltd Materials 1319.9 2.73%                85,300
Oil & Natural Gas Corp Ltd Energy 160.75 2.72%              845,921
State Bank of India Financials 283.7 2.00%          3,477,241
 
Underperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 520.35 -7.36%              213,552
Kotak Mahindra Bank Ltd Financials 1129.55 -3.04%                96,262
Tata Consultancy Services Ltd Information Technology 1880.55 -2.85%                57,673
Mahindra & Mahindra Ltd Consumer Discretionary 769.88 -2.62%                64,213
Infosys Ltd Information Technology 653.45 -1.84%          1,581,820