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Asian stocks rally on US-China trade truce

Dec 03, 2018

 

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

Japanese Market

  • Japanese stocks rose the most in a month with automakers and electronics manufacturers leading the gains
  • The Nikkei 225 finished up 1% and the Topix closed up 1.3%
  • Bloomberg estimates USD$325 billion in market capitalization was added to large-cap Asian stocks overnight with investor sentiment turning positive
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 4x
  • 32 stocks in the Nikkei 225 hit 4-week highs while 7 stocks reached 4-week lows
  • 8 stocks in the Nikkei 225 closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 113.58
  • Japan 2-Year Government Bonds are higher with yields down -0.1 basis points to -0.13%
  • Japan 10-Year Government Bonds are higher with yields down -0.6 basis points to 0.086%
  • JGBs 2s-10s Spread has narrowed 0.5 basis points to 0.22%

Chinese Market

  • Asia stocks rallied in overnight trading to start the month of December on a positive footing following news that the US will delay implementation of additional tarriffs on Chinese imports following the dinner between US President Donald Trump and Chinese President Xi Jinping in Argentina during the G20 Summit
  • China indicated that it would send about 30 officials to Washington next week for trade negotiations, it is not know who will be in the delegation
  • The Hang Seng closed up 2.55%, Hang Seng China Enterprise advanced 2.45%, and the CSI 300 rose 2.78%
  • The Hang Seng rose the most since November 2nd
  • The CNY has strengthened over 1% this morning to 6.8897 RMB/USD, the biggest one day move in the Renminbi since February 2016
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 9x
  • 3 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 7.8201
  • 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 lower with yields up 0.1 basis points to 3.381%
  • China Government RMB 2s-10s Spread has widened 0.2 basis points to 0.62%

 

 

Australian Market

  • Australian stocks rose on trade optimism in the wake of the US-China progress, rising the most in a single day in over 2 years
  • ASX 200 finished up 1.84%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 8.09x
  • 12 stocks in the ASX 200 hit 4-week highs while 23 stocks reached 4-week lows
  • 3 stocks in the ASX 200 closed overbought while 13 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.862% against the USD$ to 0.7369
  • Aussie 2-Year Government Bonds are lower with yields up 0.6 basis points to 2%
  • Australia 10-Year Government Bonds are lower with yields up 2.3 basis points to 2.615%
  • Aussie Government 2s-10s Spread has widened 0.262 basis points to 0.62%

Indian Market

  • Indian stocks rose for the sixth straight day, though only slightly, as the rising oil price limited the session's gains
  • The Sensex finished up 0.13% and the Nifty 50 closed higher by 0.06%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.58x
  • 10 stocks in the Sensex hit 4-week highs while 4 stocks reached 4-week lows
  • 2 stocks in the Sensex closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 1.257% against the USD$ to 70.4587
  • India 2-Year Government Bonds are lower with yields up 0.1 basis points to 7.234%
  • India 10-Year Government Bonds are lower with yields up 1.9 basis points to 7.626%
  • India Government 2s-10s Spread has widened 1.157 basis points to 0.39%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
SCREEN Holdings Co Ltd Information Technology 6040 6.34%                823,900
Toho Zinc Co Ltd Materials 4030 5.22%                387,000
Japan Steel Works Ltd/The Industrials 2166 4.44%                692,500
Nippon Yusen KK Industrials 2011 4.36%            3,285,500
Tokai Carbon Co Ltd Materials 1644 4.31%          11,835,900
 
Underperformers Sector Price 1D % Chg Volume
Kikkoman Corp Consumer Staples 6470 -2.27%                874,500
Taiheiyo Cement Corp Materials 3760 -2.08%                695,900
Chugai Pharmaceutical Co Ltd Health Care 7620 -1.93%            1,244,900
Shionogi & Co Ltd Health Care 7374 -1.78%            1,421,800
Nippon Kayaku Co Ltd Materials 1471 -1.61%                682,500

Hong Kong Movers

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

 

Outperformers Sector Price 1D% CHG Volume
Sands China Ltd Consumer Discretionary 37.9 11.96%            43,055,599
WH Group Ltd Consumer Staples 6.38 11.73%          128,032,405
Galaxy Entertainment Group Ltd Consumer Discretionary 52.8 9.89%            29,382,591
Sunny Optical Technology Group Co Ltd Information Technology 81.5 7.66%            17,997,823
China Resources Land Ltd Real Estate 30.5 5.17%            17,219,740

 

Underperformers Sector Price 1D % Chg Volume
Kikkoman Corp Consumer Staples 6470 -2.27%                874,500
Taiheiyo Cement Corp Materials 3760 -2.08%                695,900
Chugai Pharmaceutical Co Ltd Health Care 7620 -1.93%            1,244,900
Shionogi & Co Ltd Health Care 7374 -1.78%            1,421,800
Nippon Kayaku Co Ltd Materials 1471 -1.61%                682,500

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
GrainCorp Ltd Consumer Discretionary 9.25 26.71%            5,384,108
Bellamy's Australia Ltd Industrials 8.2 12.02%            3,871,387
BlueScope Steel Ltd Health Care 12.55 11.75%            6,321,775
Syrah Resources Ltd Financials 1.805 10.74%            3,875,927
Santos Ltd Real Estate 6 8.70%          10,762,494
 
Underperformers Sector Price 1D% CHG Volume
St Barbara Ltd Materials 4.09 -7.88%            5,266,905
Metcash Ltd Financials 2.63 -5.05%            7,114,429
Ausdrill Ltd Materials 1.405 -3.10%            4,035,143
Northern Star Resources Ltd Financials 7.84 -1.75%            2,931,789
Newcrest Mining Ltd Financials 20.46 -1.40%            2,221,126

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 178 4.92%              556,217
Hindustan Unilever Ltd Consumer Staples 1825.9 4.12%                29,322
Vedanta Ltd Materials 203.05 3.70%          1,019,151
NTPC Ltd Utilities 145.1 3.68%                84,301
Adani Ports & Special Economic Zone Ltd Industrials 375.45 2.61%              135,051
 
Underperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 455.3 -7.52%              213,552
Mahindra & Mahindra Ltd Consumer Discretionary 760.25 -3.79%                64,213
ITC Ltd Consumer Staples 283 -1.14%              926,480
Reliance Industries Ltd Energy 1156.3 -1.02%              278,816
Hero MotoCorp Ltd Consumer Discretionary 3043.8 -0.47%                17,281