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Asian stocks close mostly higher, Japan bucks trend on trade uncertainty fears

Nov 15, 2018

 

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

Japanese Market

  • Japanese stocks were an outlier overnight, closing in the red, as traders fear continued uncertainty about US trade policy following comments by Democrats in the US House of Representatives that US President Trump needs Congress’ approval for the trade deal with Mexico & Canada 
  • The Nikkei 225 finished down 0.2% and the Topix closed down 0.14%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.86x
  • 6 stocks in the Nikkei 225 hit 4-week highs while 20 stocks reached 4-week lows
  • 5 stocks in the Nikkei 225 closed overbought while 9 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 113.48
  • Japan 2-Year Government Bonds are lower with yields up 0.5 basis points to -0.134%
  • Japan 10-Year Government Bonds are higher with yields down -0.2 basis points to 0.109%
  • JGBs 2s-10s Spread has narrowed 0.7 basis points to 0.24%

Chinese Market

  • Chinese stocks finished positive in overnight trading following better-than-expected earnings from Tencent (SEHK:700, ADR: TCEHY) and news that trade officials in Beijing are considering concessions to US trade officials fort the first time since the summer 
  • Total turnover on the Hong Kong Stock Exchange remained light for a second straight day with total volume traded slightly more than 25% below the 20-day moving average 
  • The Hang Seng closed up 1.75%, Hang Seng China Enterprise advanced 1.44%, and the CSI 300 rose 1.17%
  • Bloomberg is reporting that Chinese trade officials have outlined potential concessions to US trade representatives in an attempt to resolve any major trade disputes ahead of the US President Donald Trump and Chinese President Xi Jinping’s meeting at the G20 summit in Argentina later this month
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 9x
  • 2 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 1 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8321
  • CNY¥ is currently down 0.163% against the USD$ to 6.9392
  • China RMB 2-Year Government Bonds are flat with yields little changed 0 basis points to 2.865%
  • China RMB 10-Year Government Bonds are higher with yields down -2 basis points to 3.412%
  • China Government RMB 2s-10s Spread has narrowed 2 basis points to 0.55%

 

 

Australian Market

  • Aussie stocks finished slightly positive after spending most of the day in the red, helped by rebounding energy stocks
  • ASX 200 finished up 0.06%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 1.35x
  • 17 stocks in the ASX 200 hit 4-week highs while 35 stocks reached 4-week lows
  • 2 stocks in the ASX 200 closed overbought while 17 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.442% against the USD$ to 0.7264
  • Aussie 2-Year Government Bonds are lower with yields up 2.4 basis points to 2.076%
  • Australia 10-Year Government Bonds are lower with yields up 1.5 basis points to 2.715%
  • Aussie Government 2s-10s Spread has narrowed 1.958 basis points to 0.64%

Indian Market

  • Indian stocks oscillated between gains and losses to close higher, as attention turns to state elections next month with the end of earnings season
  • The Sensex finished up 0.34% and the Nifty 50 closed higher by 0.38%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.38x
  • 7 stocks in the Sensex hit 4-week highs while 1 stocks reached 4-week lows
  • 1 stock in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.455% against the USD$ to 71.9812
  • India 2-Year Government Bonds are lower with yields up 4.8 basis points to 7.394%
  • India 10-Year Government Bonds are lower with yields up 2.3 basis points to 7.756%
  • India Government 2s-10s Spread has narrowed 4.345 basis points to 0.36%
     

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Amada Holdings Co Ltd Industrials 1197 11.45%            5,065,200
Recruit Holdings Co Ltd Industrials 3022 5.44%            6,291,700
Chiyoda Corp Industrials 339 4.63%          10,191,700
Kuraray Co Ltd Materials 1704 4.03%            2,255,000
Dentsu Inc Consumer Discretionary 5160 3.41%            1,369,800
 
Underperformers Sector Price 1D % Chg Volume
Taiyo Yuden Co Ltd Information Technology 2036 -4.82%            4,600,700
Shinsei Bank Ltd Financials 1627 -4.80%            1,393,900
Dai-ichi Life Holdings Inc Financials 2066 -4.00%            6,838,100
Japan Steel Works Ltd/The Industrials 2252 -3.72%            1,029,100
T&D Holdings Inc Financials 1763 -3.56%            3,948,300

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tencent Holdings Ltd Information Technology 288 5.80%            46,024,464
Galaxy Entertainment Group Ltd Consumer Discretionary 47 5.74%            18,861,183
WH Group Ltd Consumer Staples 6.47 4.19%            44,186,865
China Overseas Land & Investment Ltd Real Estate 26.1 2.96%            11,262,485
Sands China Ltd Consumer Discretionary 32.60 2.84%            13,987,322
 
Underperformers Sector Price 1D % Chg Volume
Want Want China Holdings Ltd Consumer Staples 5.61 -2.26%            21,262,324
CSPC Pharmaceutical Group Ltd Health Care 17.4 -1.47%            58,381,943
Geely Automobile Holdings Ltd Consumer Discretionary 14.8 -0.54%            55,901,047
Hengan International Group Co Ltd Consumer Staples 62.9 -0.16%               2,652,680
AAC Technologies Holdings Inc Information Technology 52.9 0.00%               8,951,609

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
G8 Education Ltd Consumer Discretionary 2.69 11.62%          11,300,583
Appen Ltd Information Technology 12.46 11.55%            1,806,225
Regis Resources Ltd Materials 4.36 5.06%            2,623,260
Flight Centre Travel Group Ltd Consumer Discretionary 48.30 4.93%                490,754
WorleyParsons Ltd Energy 14.79 4.30%            3,985,452
 
Underperformers Sector Price 1D % Chg Volume
Syrah Resources Ltd Materials 1.695 -5.31%            4,242,139
Aveo Group Real Estate 1.625 -4.41%          12,013,642
Incitec Pivot Ltd Materials 3.89 -4.19%          10,202,704
Vocus Group Ltd Telecommunication Services 3.39 -2.87%            2,997,453
Mayne Pharma Group Ltd Health Care 1.085 -2.69%            5,681,682

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Adani Ports & Special Economic Zone Ltd Industrials 345.3 4.19%              135,051
Kotak Mahindra Bank Ltd Financials 1162.65 2.93%                96,262
Hero MotoCorp Ltd Consumer Discretionary 2917.2 2.20%                17,281
Axis Bank Ltd Financials 625.65 2.11%              960,464
Tata Motors Ltd Consumer Discretionary 179.95 1.78%              743,398
 
Underperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 206 -7.42%              556,217
NTPC Ltd Utilities 153.9 -2.16%                84,301
Oil & Natural Gas Corp Ltd Energy 158.9 -1.15%              845,921
Sun Pharmaceutical Industries Ltd Health Care 514.95 -1.04%              213,552
Coal India Ltd Energy 263.05 -0.96%              969,111