blog

Latest from the Quantamize Blog

Asian stocks mixed overnight with conflicting reports on US-China agreement

Dec 04, 2018

 

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

Japanese Market

  • Asian stocks finished mixed in overnight trading with stocks in the region taking a breather following conflicting reports from US officials about what was agreed to and what wasn’t agreed to during the meeting between US President Donald Trump and Chinese President Xi Jinping
  • Japanese stocks had gained 4.5% over the previous 7 trading sessions, but snapped that winning streak overnight with post-G20 concerns bringing profit-taking
  • The Nikkei 225 finished down 2.39% and the Topix closed down 2.36%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.01x
  • 68 stocks in the Nikkei 225 hit 4-week highs while 1 stocks reached 4-week lows
  • 3 stocks in the Nikkei 225 closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently down 0.765% against the USD$ to 112.79
  • Japan 2-Year Government Bonds are lower with yields up 0.1 basis points to -0.129%
  • Japan 10-Year Government Bonds are higher with yields down -1.2 basis points to 0.074%
  • JGBs 2s-10s Spread has narrowed 1.3 basis points to 0.2%

Chinese Market

  • Hong Kong investment confidence, as measure by a JP Morgan index, drops into negative territory for the first time since CY2009 
  • The Hang Seng closed up 0.29%, Hang Seng China Enterprise advanced 0.23%, and the CSI 300 rose 0.21%
  • The link between the Hong Kong and London stock exchanges will start trading its first shares between markets on December 14th with HSBC Holdings and Huatai Securities among the first shares to trade
  • Tencent (700 HK)  launched its USD$1.2 billion IPO of its Tencent Music division today
  • 42% of Hong Kong investors surveyed as part of Hong Kong Investment Confidence index believes the Hang Seng will drop from a current level of 27,260 to 26,000-24,000.   
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.92x
  • 30 stocks in the Hang Seng hit 4-week highs while 0 stocks reached 4-week lows
  • 3 stocks in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8061
  • CNY¥ is currently down 0.665% against the USD$ to 6.8372
  • 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 -4.2 basis points to 3.339%
  • China Government RMB 2s-10s Spread has narrowed 4.1 basis points to 0.57%

 

 

Australian Market

  • Australian stocks gave up all of Monday's gains following selling in other Asian markets with concerns over post-G20 progress weighing on stocks
  • ASX 200 finished down 1.01%
  • Australia's Central Bank left rates unchanged
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.23x
  • 28 stocks in the ASX 200 hit 4-week highs while 10 stocks reached 4-week lows
  • 7 stocks in the ASX 200 closed overbought while 4 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.353% against the USD$ to 0.7384
  • Aussie 2-Year Government Bonds are higher with yields down -2.6 basis points to 1.974%
  • Australia 10-Year Government Bonds are higher with yields down -8.4 basis points to 2.531%
  • Aussie Government 2s-10s Spread has narrowed 2.953 basis points to 0.56%

Indian Market

  • Indian stocks broke a 6-day winning streak to close lower on higher oil and trade concerns
  • The Sensex finished down 0.29% and the Nifty 50 closed lower by 0.13%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.82x
  • 7 stocks in the Sensex hit 4-week highs while 3 stocks reached 4-week lows
  • 3 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 70.505
  • India 2-Year Government Bonds are higher with yields down -3 basis points to 7.204%
  • India 10-Year Government Bonds are higher with yields down -5.3 basis points to 7.573%
  • India Government 2s-10s Spread has narrowed 3.066 basis points to 0.37%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Konica Minolta Inc Information Technology 1049 0.77%            3,945,800
Toyo Seikan Group Holdings Ltd Materials 2656 0.76%            1,089,500
Chiyoda Corp Industrials 319 0.31%            5,729,900
Nippon Suisan Kaisha Ltd Consumer Staples 686 0.00%            2,446,700
ANA Holdings Inc Industrials 4027 -0.02%            1,323,000
 
Underperformers Sector Price 1D % Chg Volume
Kawasaki Kisen Kaisha Ltd Industrials 1515 -10.04%            1,987,800
Showa Denko KK Materials 4290 -8.82%            6,242,600
TOTO Ltd Industrials 4090 -6.51%            1,406,200
Kobe Steel Ltd Materials 905 -6.51%            6,655,600
Shimizu Corp Industrials 910 -5.99%            5,554,700

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 15.4 3.63%               9,251,073
CSPC Pharmaceutical Group Ltd Health Care 16.5 2.10%            37,608,072
Wharf Real Estate Investment Co Ltd Real Estate 49.9 2.05%               2,672,999
Hong Kong Exchanges & Clearing Ltd Financials 240 2.04%               6,523,305
Hang Seng Bank Ltd Financials 187 1.85%               2,372,810
 
Underperformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 79.8 -2.09%            10,891,994
AAC Technologies Holdings Inc Information Technology 56.7 -2.07%               8,033,452
China Overseas Land & Investment Ltd Real Estate 27 -1.82%            17,930,631
Swire Pacific Ltd Real Estate 85.1 -1.56%               2,193,113
Hang Lung Properties Ltd Real Estate 15.8 -1.49%               4,989,913

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
St Barbara Ltd Materials 4.25 3.91%            2,875,105
Elders Ltd Consumer Discretionary 7.05 3.07%            1,336,616
Nanosonics Ltd Consumer Discretionary 3.25 2.85%            1,118,972
GWA Group Ltd Materials 2.74 2.62%            1,328,979
G8 Education Ltd Materials 3 2.39%            8,633,909
 
Underperformers Sector Price 1D % Chg Volume
Syrah Resources Ltd Financials 1.66 -8.03%            2,208,521
Western Areas Ltd Consumer Staples 2.18 -7.63%            2,993,269
Emeco Holdings Ltd Health Care 2.41 -7.31%            4,350,482
Metcash Ltd Financials 2.44 -7.22%          12,742,840
Webjet Ltd Information Technology 11.78 -5.91%                787,836

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Oil & Natural Gas Corp Ltd Energy 147 3.09%              845,921
Infosys Ltd Information Technology 683.7 2.07%          1,581,820
Wipro Ltd Information Technology 334.45 1.90%              222,541
Tata Consultancy Services Ltd Information Technology 2010 1.40%                57,673
Bajaj Auto Ltd Consumer Discretionary 2772.85 1.39%                28,503
 
Underperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 443 -2.70%              213,552
Bharti Airtel Ltd Telecommunications 312.25 -2.51%              176,699
Mahindra & Mahindra Ltd Consumer Discretionary 741.75 -2.43%                64,213
Housing Development Finance Corp Ltd Financials 1932.25 -2.28%              100,547
NTPC Ltd Utilities 142.95 -1.48%                84,301