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Asian stocks fall overnight caught in the global downdraft

Dec 05, 2018

 

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

Japanese Market

  • Japanese stocks closed lower, but off the lows of the session,with food companies and builders catching a bid late in the session
  • Press reports state that Softbank (9984 JP) will not adjust lower the price range of the USD$21 billion IPO of its telecom unit given the market turmoil
  • The Nikkei 225 finished down 0.53% and the Topix closed down 0.53%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.41x
  • 19 stocks in the Nikkei 225 hit 4-week highs while 15 stocks reached 4-week lows
  • 1 stock in the Nikkei 225 closed overbought while 4 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.168% against the USD$ to 112.96
  • Japan 2-Year Government Bonds are higher with yields down -1 basis points to -0.139%
  • Japan 10-Year Government Bonds are higher with yields down -0.8 basis points to 0.066%
  • JGBs 2s-10s Spread has widened 0.2 basis points to 0.21%

Chinese Market

  • Chinese stocks closed lower following the global markets sell-off
  • China's Ministry of Commerce released a statement saying the country will move forward on items where there is consensus and continue negotiations with the US within the 90-day "timetable and road map", further commenting that the meeting with President Trump was "very successful" and that it is "confident" items agreed upon can be implemented, without getting into details
  • China's Ministry of Affairs released a statement saying it hopes to speed up talks and find a resolution for the open items
  • China is preparing to resume imports of soybeans and liquified natural gas from the US according to media reports
  • The Hang Seng closed down 1.62%, Hang Seng China Enterprise declined 1.38%, and the CSI 300 retreated 0.48%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.16x
  • 16 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 7.8123
  • CNY¥ is currently up 0.306% against the USD$ to 6.8569
  • 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 -2 basis points to 3.319%
  • China Government RMB 2s-10s Spread has narrowed 1.9 basis points to 0.55%

 

 

Australian Market

  • Aussie stocks closed lower following global markets but losses were limited in the afternoon session with investors hoping for a Central Bank rate cut in the wake of weak growth data
  • ASX 200 finished down 0.78%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.34x
  • 12 stocks in the ASX 200 hit 4-week highs while 10 stocks reached 4-week lows
  • 3 stocks in the ASX 200 closed overbought while 5 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.545% against the USD$ to 0.7298
  • Aussie 2-Year Government Bonds are higher with yields down -1.4 basis points to 1.961%
  • Australia 10-Year Government Bonds are higher with yields down -3 basis points to 2.501%
  • Aussie Government 2s-10s Spread has narrowed 1.945 basis points to 0.54%

Indian Market

  • Indian stocks finished lower overnight as the RBI, India's Central Bank, left rates unchanged as expected and maintained its hawkish stance
  • The Sensex finished down 0.69% and the Nifty 50 closed lower by 0.8%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.24x
  • 6 stocks in the Sensex hit 4-week highs while 0 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 1 stock closed oversold according to the 16-day RSI Measure
  • INR₹ is currently little changed against the USD$ at 70.4662
  • India 2-Year Government Bonds are higher with yields down -8.3 basis points to 7.121%
  • India 10-Year Government Bonds are higher with yields down -13.2 basis points to 7.441%
  • India Government 2s-10s Spread has narrowed 8.355 basis points to 0.32%

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 4030 5.36%            4,176,400
Kawasaki Kisen Kaisha Ltd Industrials 1590 4.95%            1,615,800
Nichirei Corp Consumer Staples 3250 3.67%                683,100
Taisei Corp Industrials 4975 3.32%                926,400
Kyowa Hakko Kirin Co Ltd Health Care 2340 3.13%            1,138,600
 
Underperformers Sector Price 1D % Chg Volume
SCREEN Holdings Co Ltd Information Technology 5570 -5.27%                668,900
Advantest Corp Information Technology 2300 -4.60%            6,041,700
Chiba Bank Ltd/The Financials 697 -4.39%            5,554,900
Japan Steel Works Ltd/The Industrials 2068 -4.08%                578,800
Fujikura Ltd Industrials 473 -3.67%            3,221,500

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
China Resources Power Holdings Co Ltd Utilities 15 2.19%            11,125,041
Want Want China Holdings Ltd Consumer Staples 5.92 2.07%            12,671,032
CLP Holdings Ltd Utilities 88.1 2.03%               3,356,873
Sino Land Co Ltd Real Estate 13.9 1.02%               3,258,113
China Mobile Ltd Telecommunication Services 76.2 0.53%            11,075,801
 
Underperformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 74 -7.27%            16,158,442
Geely Automobile Holdings Ltd Consumer Discretionary 15.1 -4.19%            49,237,763
CNOOC Ltd Energy 13.3 -3.76%            58,023,863
AAC Technologies Holdings Inc Information Technology 54.6 -3.70%               6,589,105
AIA Group Ltd Financials 64.8 -3.28%            22,118,378

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Trade Me Group Ltd Materials 5.9 3.51%            1,343,571
APA Group Energy 9 3.45%            2,837,659
Coles Group Ltd Industrials 11.82 2.87%            8,646,218
Inghams Group Ltd Consumer Discretionary 4.45 2.06%            1,594,959
Navitas Ltd Real Estate 5.21 1.96%                515,296
 
Underperformers Sector Price 1D % Chg Volume
Lynas Corp Ltd Real Estate 1.645 -22.41%          23,780,085
Nine Entertainment Co Holdings Ltd Materials 1.62 -7.95%            8,755,462
Ausdrill Ltd Materials 1.3 -7.80%            4,810,530
Emeco Holdings Ltd Health Care 2.24 -7.05%            3,726,549
Seven Group Holdings Ltd Financials 15.26 -6.95%            1,534,712

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Hindustan Unilever Ltd Consumer Staples 1845.6 2.07%                29,322
Housing Development Finance Corp Ltd Financials 1973.2 1.75%              100,547
HDFC Bank Ltd Financials 2099.45 0.51%                93,651
Wipro Ltd Information Technology 335.85 0.40%              222,541
Reliance Industries Ltd Energy 1154.85 0.29%              278,816
 
Underperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 413.6 -6.59%              213,552
Tata Steel Ltd Materials 515.3 -4.27%              504,491
Tata Motors Ltd Consumer Discretionary 92.5 -3.85%              176,569
Vedanta Ltd Materials 198.45 -3.74%          1,019,151
Tata Motors Ltd Consumer Discretionary 169.2 -3.70%              743,398