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Asian markets close mixed with trade concerns back front and center

Nov 27, 2018

 

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

Japanese Market

  • Japanese stocks closed higher following the strong US performance yesterday with robust holiday shopping fueling optimism
  • The Nikkei 225 finished up 0.64% and the Topix closed up 0.73%
  • Total turnover remained light with total volume traded 15% to 20% below the 20-day moving averages for most of the major stock market exchanges across Asia
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 3.25x
  • 38 stocks in the Nikkei 225 hit 4-week highs while 24 stocks reached 4-week lows
  • 6 stocks in the Nikkei 225 closed overbought while 19 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 113.6
  • Japan 2-Year Government Bonds are flat with yields little changed 0 basis points to -0.14%
  • Japan 10-Year Government Bonds are lower with yields up 0.2 basis points to 0.092%
  • JGBs 2s-10s Spread has widened 0.2 basis points to 0.23%

Chinese Market

  • JP Morgan published a report saying Hong Kong stocks will be the worst performers for Asia next year as a slowing China weighs on stocks, it expects the Hong Kong index to end 2019 12% below today's closing level
  • Trade rhetoric picks up ahead of G-20 summit with President Trump, during an interview with the Wall Street Journal, suggesting the US will likely move forward with tariffs on additional USD$200 billion in Chinese imports in January 2019
  • The Hang Seng closed down 0.17%, Hang Seng China Enterprise declined 0.06%, and the CSI 300 retreated 0.13%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.61x
  • 18 stocks in the Hang Seng hit 4-week highs while 2 stocks reached 4-week lows
  • 0 stocks in the Hang Seng closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8284
  • CNY¥ is currently little changed against the USD$ at 6.9482
  • China RMB 2-Year Government Bonds are higher with yields down -1.6 basis points to 2.767%
  • China RMB 10-Year Government Bonds are higher with yields down -0.2 basis points to 3.411%
  • China Government RMB 2s-10s Spread has widened 1.4 basis points to 0.64%

 

 

Australian Market

  • Financial stocks powered Aussie stocks to the biggest 1 day gain in November
  • ASX 200 finished up 1%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 3.35x
  • 11 stocks in the ASX 200 hit 4-week highs while 44 stocks reached 4-week lows
  • 4 stocks in the ASX 200 closed overbought while 27 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.305% against the USD$ to 0.7243
  • Aussie 2-Year Government Bonds are lower with yields up 0.2 basis points to 2.023%
  • Australia 10-Year Government Bonds are flat with yields little changed 0 basis points to 2.634%
  • Aussie Government 2s-10s Spread has narrowed 0.105 basis points to 0.61%

Indian Market

  • Favorable oil prices continue to propel Indian stocks higher
  • Morgan Stanley sees strong earnings from Sensex companies, expecting an average growth in revenues of 21% in 2019
  • The Sensex finished up 0.45% and the Nifty 50 closed higher by 0.54%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.72x
  • 7 stocks in the Sensex hit 4-week highs while 9 stocks reached 4-week lows
  • 1 stock in the Sensex closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently little changed against the USD$ at 70.79
  • India 2-Year Government Bonds are lower with yields up 0.4 basis points to 7.323%
  • India 10-Year Government Bonds are lower with yields up 0.5 basis points to 7.732%
  • India Government 2s-10s Spread has widened 0.289 basis points to 0.41%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
SoftBank Group Corp Telecommunication Services 9145 3.70%            9,552,000
Chiba Bank Ltd/The Financials 740 3.64%            3,781,400
Yamaha Corp Consumer Discretionary 5040 3.60%                653,600
MINEBEA MITSUMI Inc Industrials 1782 3.48%            4,110,600
Fuji Electric Co Ltd Industrials 3455 3.44%                968,300
 
Underperformers Sector Price 1D % Chg Volume
Shionogi & Co Ltd Health Care 7270 -5.20%            2,260,400
Sumitomo Dainippon Pharma Co Ltd Health Care 2743 -4.29%            2,689,700
Pioneer Corp Consumer Discretionary 91 -3.19%            4,411,700
Nippon Express Co Ltd Industrials 6940 -2.66%                391,000
Tokai Carbon Co Ltd Materials 1567 -2.55%            7,479,900

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
AAC Technologies Holdings Inc Information Technology 55 3.00%               7,726,646
Sunny Optical Technology Group Co Ltd Information Technology 75.4 2.52%               8,984,526
Tencent Holdings Ltd Information Technology 304 1.95%            27,363,126
Sands China Ltd Consumer Discretionary 33.4 1.06%            17,718,699
Galaxy Entertainment Group Ltd Consumer Discretionary 49.2 1.03%            17,229,394
 
Underperformers Sector Price 1D % Chg Volume
Wharf Real Estate Investment Co Ltd Real Estate 49.2 -2.38%               2,925,077
China Mengniu Dairy Co Ltd Consumer Staples 24 -2.24%               7,027,121
Hengan International Group Co Ltd Consumer Staples 64 -2.22%               2,862,355
CNOOC Ltd Energy 12.5 -2.03%            65,854,402
CLP Holdings Ltd Utilities 88.9 -1.88%               3,822,856

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
SmartGroup Corp Ltd Industrials 9.89 3.89%                586,074
Platinum Asset Management Ltd Financials 5.36 3.88%            1,018,422
Technology One Ltd Information Technology 5.99 6.77%            2,785,062
Automotive Holdings Group Ltd Consumer Discretionary 1.765 6.64% 1,503,495
oOh!media Ltd Consumer Discretionary 4.17 5.56% 1,593,681
 
Underperformers Sector Price 1D % Chg Volume
Syrah Resources Ltd Materials 1.595 -5.62%      5,204,628
Resolute Mining Ltd Materials 0.93 -3.13%      4,712,385
BlueScope Steel Ltd Materials 11.53 -2.86%      5,696,476
Southern Cross Media Group Ltd Consumer Discretionary 1.02 -2.86%      2,092,805
Blackmores Ltd Consumer Staples 123.5 -2.59%            74,669

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Infosys Ltd Information Technology 637 2.53%          1,581,820
Tata Consultancy Services Ltd Information Technology 1888.35 2.29%                57,673
Reliance Industries Ltd Energy 1127.5 1.61%              278,816
IndusInd Bank Ltd Financials 1584.45 1.29%                42,184
Maruti Suzuki India Ltd Consumer Discretionary 7629.6 1.27%                21,459
 
Underperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 493.6 -3.34%              213,552
Hero MotoCorp Ltd Consumer Discretionary 2967.2 -3.10%                17,281
Yes Bank Ltd Financials 183.15 -2.55%              556,217
Wipro Ltd Information Technology 311.9 -2.18%              222,541
Bajaj Auto Ltd Consumer Discretionary 2598.6 -2.01%                28,503