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 |
