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Japan higher on Fed comments, Chinese stocks lower on mainland sellers

Nov 29, 2018

 

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

Japanese Market

  • Dovish comments from US Fed Chairman Powell helped put a bid into Japanese stocks, causing both the Nikkei 225 and Topix to rally for 5 straight days
  • The Nikkei 225 finished up 0.39% and the Topix closed up 0.35%
  • MSCI Asia is now hitting its 50-day moving average with the short-term technical indicator now serving as a potential ceiling to Asian stocks valuations
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 1.53x
  • 37 stocks in the Nikkei 225 hit 4-week highs while 6 stocks reached 4-week lows
  • 7 stocks in the Nikkei 225 closed overbought while 9 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently down 0.246% against the USD$ to 113.4
  • Japan 2-Year Government Bonds are higher with yields down -0.9 basis points to -0.141%
  • Japan 10-Year Government Bonds are higher with yields down -1.8 basis points to 0.082%
  • JGBs 2s-10s Spread has narrowed 0.9 basis points to 0.22%

Chinese Market

  • An early session rally gave way to afternoon selling in both Shanghai and Hong Kong
  • The Hang Seng closed down 0.87%, Hang Seng China Enterprise declined 0.47%, and the CSI 300 retreated 1.3%
  • Mainland investors have net sold Hong Kong shares for 6 straight days
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.39x
  • 13 stocks in the Hang Seng hit 4-week highs while 1 stock reached 4-week lows
  • 1 stock 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 7.8237
  • CNY¥ is currently little changed against the USD$ at 6.9455
  • China RMB 2-Year Government Bonds are higher with yields down -0.1 basis points to 2.766%
  • China RMB 10-Year Government Bonds are higher with yields down -1.6 basis points to 3.384%
  • China Government RMB 2s-10s Spread has narrowed 1.5 basis points to 0.62%

 

 

Australian Market

  • Aussie stocks rose on the Fed Chairman's dovish words, closing overnight at a 2-week high
  • ASX 200 finished up 0.58%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 2.33x
  • 23 stocks in the ASX 200 hit 4-week highs while 21 stocks reached 4-week lows
  • 5 stocks in the ASX 200 closed overbought while 9 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7313
  • Aussie 2-Year Government Bonds are higher with yields down -1.3 basis points to 2.005%
  • Australia 10-Year Government Bonds are higher with yields down -1.9 basis points to 2.601%
  • Aussie Government 2s-10s Spread has narrowed 1.396 basis points to 0.6%

Indian Market

  • Indian stocks rose for the fourth straight day as foreigners continue buying; the rupee broke below the 70 level intra-day, its highest level in 3 months 
  • The Sensex finished up 1.27% and the Nifty 50 closed higher by 1.21%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 2.44x
  • 8 stocks in the Sensex hit 4-week highs while 5 stocks reached 4-week lows
  • 1 stock in the Sensex closed overbought while 4 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 1.094% against the USD$ to 69.845
  • India 2-Year Government Bonds are higher with yields down -0.7 basis points to 7.25%
  • India 10-Year Government Bonds are higher with yields down -3.5 basis points to 7.608%
  • India Government 2s-10s Spread has narrowed 1.794 basis points to 0.36%

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 3440 6.01%            6,350,200
Recruit Holdings Co Ltd Industrials 3083 4.94%            6,779,300
Daiichi Sankyo Co Ltd Health Care 4130 3.98%            2,194,500
Tokyo Tatemono Co Ltd Real Estate 1293 3.94%            3,047,000
Suzuki Motor Corp Consumer Discretionary 5481 3.85%            2,877,100
 
Underperformers Sector Price 1D % Chg Volume
KDDI Corp Telecommunication Services 2616 -3.79%            7,891,400
FamilyMart UNY Holdings Co Ltd Consumer Staples 16130 -3.41%            3,513,900
Nippon Telegraph & Telephone Corp Telecommunication Services 4600 -3.06%            5,807,300
Maruha Nichiro Corp Consumer Staples 4055 -2.99%                225,700
Toho Zinc Co Ltd Materials 3690 -2.89%                313,100

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Henderson Land Development Co Ltd Real Estate 40.1 2.04%               6,363,047
New World Development Co Ltd Real Estate 10.7 1.32%            13,534,111
Link REIT Real Estate 75.5 1.07%               5,810,737
Hang Lung Properties Ltd Real Estate 15.6 1.04%               4,310,978
Sun Hung Kai Properties Ltd Real Estate 113 0.98%               7,176,961
 
Underperformers Sector Price 1D % Chg Volume
Galaxy Entertainment Group Ltd Consumer Discretionary 48.5 -3.96%            15,227,258
CSPC Pharmaceutical Group Ltd Health Care 15.8 -2.94%            28,478,019
Wharf Real Estate Investment Co Ltd Real Estate 48 -2.84%               5,840,070
AAC Technologies Holdings Inc Information Technology 54.9 -2.66%               6,333,076
China Resources Land Ltd Real Estate 28.3 -2.59%            13,395,026

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Altium Ltd Industrials 23 8.59%                748,636
WiseTech Global Ltd Industrials 18.67 6.50%            1,480,300
Australian Pharmaceutical Industries Ltd Telecommunication Services 1.555 5.78%            1,453,324
Orocobre Ltd Industrials 4.33 5.61%                904,346
Western Areas Ltd Consumer Staples 2.16 4.85%            1,079,378
 
Underperformers Sector Price 1D % Chg Volume
Bingo Industries Ltd Consumer Discretionary 2.15 -5.29%            8,841,109
Mayne Pharma Group Ltd Energy 0.995 -4.33%          17,702,004
Bellamy's Australia Ltd Industrials 7.31 -4.32%            2,739,232
Aristocrat Leisure Ltd Materials 25.44 -2.57%            6,127,066
Coles Group Ltd Industrials 12.39 -2.44%            8,038,728

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bajaj Auto Ltd Consumer Discretionary 2725.05 4.68%                28,503
Kotak Mahindra Bank Ltd Financials 1210.15 4.24%                96,262
Mahindra & Mahindra Ltd Consumer Discretionary 773.1 3.31%                64,213
Vedanta Ltd Materials 199.1 3.19%          1,019,151
IndusInd Bank Ltd Financials 1659.75 2.83%                42,184
 
Underperformers Sector Price 1D % Chg Volume
Power Grid Corp of India Ltd Utilities 181.2 -1.55%              111,432
Oil & Natural Gas Corp Ltd Energy 140.75 -1.33%              845,921
Infosys Ltd Information Technology 659.6 -1.01%          1,581,820
Tata Consultancy Services Ltd Information Technology 1959.45 -0.87%                57,673
NTPC Ltd Utilities 142.3 -0.84%                84,301