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Asian stocks start week with profit-taking amid fallout from arrest of Huawei's CFO

Dec 10, 2018

 

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

Japanese Market

  • Japanese stocks dropped in overnight trading amid rising concern about the fallout of the arrest of the CFO of Huawei by Canadian authorities at the behest of US officials
  • The Nikkei 225 finished down 2.12% and the Topix closed down 1.89%
  • Japan is the latest country to exclude China's Huawei and ZTE from the country's 5G roll-out
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.06x
  • 1 stock in the Nikkei 225 hit 4-week highs while 50 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 17 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 112.62
  • Japan 2-Year Government Bonds are higher with yields down -0.4 basis points to -0.145%
  • Japan 10-Year Government Bonds are higher with yields down -1.6 basis points to 0.043%
  • JGBs 2s-10s Spread has narrowed 1.2 basis points to 0.19%
     

Chinese Market

  • Chinese stocks opened the week taking profits with China demanding Canada release the CFO of Huawei who was arrested last week at the request of the US 
  • The Hang Seng closed down 1.19%, Hang Seng China Enterprise declined 0.93%, and the CSI 300 retreated 1.16%
  • China is poised to announce specifics of the planned resumption of soybean purchases from the US
  • The Hong Kong Exchange is studying robotics and AI to boost efficiency, it is also looking to turn Big Data into a tradeable asset class
  • Hong Kong stocks are now trading at a 3-week low
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.14x
  • 6 stocks in the Hang Seng hit 4-week highs while 5 stocks reached 4-week lows
  • 1 stock in the Hang Seng closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8145
  • CNY¥ is currently up 0.551% against the USD$ to 6.9122
  • China RMB 2-Year Government Bonds are higher with yields down -10.1 basis points to 2.665%
  • China RMB 10-Year Government Bonds are higher with yields down -3.9 basis points to 3.274%
  • China Government RMB 2s-10s Spread has widened 6.2 basis points to 0.61%

 

 

Australian Market

  • Aussie stocks sold off strongly, closing at a 23-month low, on trade concerns 
  • ASX 200 finished down 2.27%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.12x
  • 27 stocks in the ASX 200 hit 4-week highs while 28 stocks reached 4-week lows
  • 6 stocks in the ASX 200 closed overbought while 11 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7218
  • Aussie 2-Year Government Bonds are lower with yields up 0.7 basis points to 1.922%
  • Australia 10-Year Government Bonds are higher with yields down -0.4 basis points to 2.441%
  • Aussie Government 2s-10s Spread has narrowed 0.561 basis points to 0.52%

Indian Market

  • Indian stocks suffered with the release of exit polls from state elections showing that Prime Minister Modi's party is in for a tough electoral fight
  • The Sensex finished down 2% and the Nifty 50 closed lower by 1.92%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.07x
  • 1 stock in the Sensex hit 4-week highs while 7 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.745% against the USD$ to 71.3387
  • India 2-Year Government Bonds are lower with yields up 7.4 basis points to 7.194%
  • India 10-Year Government Bonds are lower with yields up 12.3 basis points to 7.587%
  • India Government 2s-10s Spread has widened 6.655 basis points to 0.39%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Showa Shell Sekiyu KK Energy 1650 1.66%            2,088,200
Mitsui E&S Holdings Co Ltd Industrials 1164 1.66%            1,042,200
JGC Corp Industrials 1641 1.42%            2,140,600
Daiichi Sankyo Co Ltd Health Care 4164 1.17%            2,218,700
Inpex Corp Energy 1194 1.02%            6,297,900
 
Underperformers Sector Price 1D % Chg Volume
Pioneer Corp Consumer Discretionary 64 -27.27%          57,717,900
Showa Denko KK Materials 3740 -5.91%            4,906,800
MINEBEA MITSUMI Inc Industrials 1601 -5.71%            6,726,900
Komatsu Ltd Industrials 2615 -5.22%            9,497,500
Asahi Group Holdings Ltd Consumer Staples 4373 -4.83%            1,984,600

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 69.4 3.05%               9,565,928
Galaxy Entertainment Group Ltd Consumer Discretionary 49.4 1.33%            11,528,023
China Shenhua Energy Co Ltd Energy 17.6 1.15%            16,568,411
PetroChina Co Ltd Energy 5.36 0.94%            61,579,461
CNOOC Ltd Energy 12.8 0.31%            85,219,539
 
Underperformers Sector Price 1D % Chg Volume
China Resources Land Ltd Real Estate 28.1 -3.93%               7,571,943
CSPC Pharmaceutical Group Ltd Health Care 12.8 -3.48%            62,346,096
CK Hutchison Holdings Ltd Industrials 75.8 -3.44%            11,868,501
Hang Lung Properties Ltd Real Estate 15.2 -3.44%               8,660,894
Link REIT Real Estate 76.7 -3.34%               6,792,713

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Regis Resources Ltd Real Estate 4.44 5.21%            4,012,866
Sandfire Resources NL Financials 6.51 3.01%                989,315
Northern Star Resources Ltd Financials 8.42 2.68%            3,777,004
Resolute Mining Ltd Consumer Discretionary 1.03 2.49%            5,805,308
Evolution Mining Ltd Industrials 3.3 2.48%          11,082,781
 
Underperformers Sector Price 1D % Chg Volume
Automotive Holdings Group Ltd Health Care 1.47 -10.91%            2,833,786
Seven West Media Ltd Health Care 0.59 -9.92%            4,623,117
Adelaide Brighton Ltd Materials 4.25 -8.60%            5,462,429
Emeco Holdings Ltd Health Care 2.02 -8.18%            3,054,640
IOOF Holdings Ltd Consumer Staples 4.28 -6.96%          12,468,635

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Coal India Ltd Energy 238.6 0.76%              969,111
Maruti Suzuki India Ltd Consumer Discretionary 7350.1 0.49%                21,459
Yes Bank Ltd Financials 165.35 -0.45%              556,217
IndusInd Bank Ltd Financials 1554.9 -0.67%                42,184
Hero MotoCorp Ltd Consumer Discretionary 3042.1 -0.72%                17,281
 
Underperformers Sector Price 1D % Chg Volume
Kotak Mahindra Bank Ltd Financials 1198.15 -6.56%                96,262
Reliance Industries Ltd Energy 1088.5 -3.95%              278,816
Adani Ports & Special Economic Zone Ltd Industrials 359.35 -3.85%              135,051
Asian Paints Ltd Materials 1272.7 -3.48%                85,300
Tata Motors Ltd Consumer Discretionary 156.85 -3.45%              743,398