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Asian stocks mixed-China higher on trade hopes and Japan lower on weak tech outlook

Nov 16, 2018

 

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

Japanese Market

  • Japanese stocks closed lower, led by tech stocks, in the wake of weak guidance from US tech companies
  • Bloomberg reports that over USD$11 billion in market cap was wiped out in Asian tech companies in overnight selling
  • The Nikkei 225 finished down 0.57% and the Topix closed down 0.59%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.6x
  • 10 stocks in the Nikkei 225 hit 4-week highs while 29 stocks reached 4-week lows
  • 5 stocks in the Nikkei 225 closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently down 0.282% against the USD$ to 113.32
  • Japan 2-Year Government Bonds are higher with yields down -0.5 basis points to -0.139%
  • Japan 10-Year Government Bonds are higher with yields down -0.5 basis points to 0.104%
  • JGBs 2s-10s Spread has little changed 0 basis points to 0.24%

Chinese Market

  • In contrast to US and European markets, reports that US and Chinese trade officials are discussing a specific agenda for a meeting between US President Donald Trump and Chinese President Xi Jinping put a bid into Chinese and Hong Kong stock markets
  • The Hang Seng closed up 0.31%, Hang Seng China Enterprise advanced 0.27%, and the CSI 300 rose 0.47%
  • Investor sentiment for Hong Kong stocks finished neutral with the advance/decline ratio for the Hang Seng closing at 1.08x
  • 11 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 up 0.18% against the USD$ to 6.9517
  • 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 -5 basis points to 3.362%
  • China Government RMB 2s-10s Spread has narrowed 5 basis points to 0.5%

 

 

Australian Market

  • Australian stocks saw a "risk-off" week, as Bloomberg describes it, wiping AU$54 billion of value from the ASX200
  • ASX 200 finished down 0.1%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.83x
  • 6 stocks in the ASX 200 hit 4-week highs while 26 stocks reached 4-week lows
  • 2 stocks in the ASX 200 closed overbought while 14 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.247% against the USD$ to 0.7259
  • Aussie 2-Year Government Bonds are higher with yields down -2.4 basis points to 2.052%
  • Australia 10-Year Government Bonds are higher with yields down -3.7 basis points to 2.678%
  • Aussie Government 2s-10s Spread has narrowed 2.647 basis points to 0.63%

Indian Market

  • Indian stocks closed the week higher for the second week in a row, its longest winning streak in 2 months
  • Overseas investors have bought a net USD$192mn of stocks so far this month, supporting its moves higher
  • The Sensex finished up 0.56% and the Nifty 50 closed higher by 0.62%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.58x
  • 5 stocks in the Sensex hit 4-week highs while 1 stocks reached 4-week lows
  • 1 stocks in the Sensex closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently little changed against the USD$ at 71.9275
  • India 2-Year Government Bonds are higher with yields down -1.2 basis points to 7.382%
  • India 10-Year Government Bonds are lower with yields up 6 basis points to 7.816%
  • India Government 2s-10s Spread has widened 1.275 basis points to 0.43%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sumitomo Dainippon Pharma Co Ltd Health Care 2938 4.85%            1,811,100
Inpex Corp Energy 1264 2.81%            6,769,800
Chugai Pharmaceutical Co Ltd Health Care 7080 2.61%                817,700
Kyowa Hakko Kirin Co Ltd Health Care 2273 2.57%            1,077,400
NEC Corp Information Technology 3370 2.43%            1,056,800
 
Underperformers Sector Price 1D % Chg Volume
Showa Denko KK Materials 4245 -8.61%            5,743,300
SUMCO Corp Information Technology 1515 -7.96%          15,294,700
Tokai Carbon Co Ltd Materials 1492 -7.62%          19,187,600
Advantest Corp Information Technology 2164 -7.56%            6,265,800
SCREEN Holdings Co Ltd Information Technology 5410 -5.91%                687,400

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
China Merchants Port Holdings Co Ltd Industrials 14.8 2.36%               4,905,520
BOC Hong Kong Holdings Ltd Financials 30.2 2.20%            15,061,817
China Resources Land Ltd Real Estate 28.5 1.60%            10,074,499
China Overseas Land & Investment Ltd Real Estate 26.5 1.54%            19,128,083
China Petroleum & Chemical Corp Energy 6.68 1.52%          113,464,776
 
Underperformers Sector Price 1D % Chg Volume
Galaxy Entertainment Group Ltd Consumer Discretionary 46.3 -1.49%            16,167,296
Link REIT Real Estate 73.3 -1.28%               4,043,416
Sunny Optical Technology Group Co Ltd Information Technology 75 -1.19%               7,323,790
Hong Kong & China Gas Co Ltd Utilities 15.2 -1.17%               8,040,850
CK Infrastructure Holdings Ltd Utilities 58.1 -1.02%                  979,650

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Costa Group Holdings Ltd Consumer Staples 6.89 11.85%            2,244,444
Afterpay Touch Group Ltd Information Technology 12.89 10.27%            3,254,336
Altium Ltd Information Technology 23.9 8.54%                644,934
G8 Education Ltd Consumer Discretionary 2.84 5.57%            7,974,760
Pact Group Holdings Ltd Materials 3.38 4.96%            1,054,065
 
Underperformers Sector Price 1D % Chg Volume
CYBG PLC Financials 4.5 -8.16%          11,075,839
Link Administration Holdings Ltd Information Technology 7.52 -3.09%            1,840,971
Corporate Travel Management Ltd Consumer Discretionary 22.76 -2.90%                468,550
Scentre Group Real Estate 3.88 -2.76%          10,597,846
Southern Cross Media Group Ltd Consumer Discretionary 1.105 -2.21%            1,437,552

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bharti Airtel Ltd Telecommunications 333.6 9.81%              176,699
Reliance Industries Ltd Energy 1127.5 2.79%              278,816
Housing Development Finance Corp Ltd Financials 1887.55 1.91%              100,547
State Bank of India Financials 290.3 1.75%          3,477,241
Hero MotoCorp Ltd Consumer Discretionary 2954.55 1.28%                17,281
 
Underperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 191.3 -7.14%              556,217
Tata Steel Ltd Materials 574.1 -2.47%              504,491
Maruti Suzuki India Ltd Consumer Discretionary 7332.05 -2.02%                21,459
Oil & Natural Gas Corp Ltd Energy 156.55 -1.48%              845,921
Axis Bank Ltd Financials 618.3 -1.17%              960,464