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Asian stock rally overnight on US-China trade progress

Dec 12, 2018

 

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

Japanese Market

  • Japanese stocks surged overnight, with the Topix rallying from an 18-month low as US-China trade progress fuels investor optimism
  • The Nikkei 225 finished up 2.15% and the Topix closed up 1.99%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 10.25x
  • 1 stock in the Nikkei 225 hit 4-week highs while 121 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 45 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 113.31
  • Japan 2-Year Government Bonds are lower with yields up 0.3 basis points to -0.137%
  • Japan 10-Year Government Bonds are lower with yields up 0.5 basis points to 0.055%
  • JGBs 2s-10s Spread has widened 0.2 basis points to 0.19%

Chinese Market

  • Chinese stocks rally overnight as sentiment shifts on reported progress in China-US trade talks
  • WSJ is reporting China is drafting a replacement for its "Made in China 2025" plan, in an effort to make access for US companies easier
  • The CFO of Huawei was granted bail in Canada; President Trump said he would intervene in the case if it means completing a trade agreement with China
  • The Hang Seng closed up 1.61%, Hang Seng China Enterprise advanced 1.68%, and the CSI 300 rose 0.34%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 4.56x
  • 0 stocks in the Hang Seng hit 4-week highs while 10 stocks reached 4-week lows
  • 0 stocks 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 7.8174
  • CNY¥ is currently down 0.177% against the USD$ to 6.8878
  • China RMB 2-Year Government Bonds are higher with yields down -0.1 basis points to 2.688%
  • China RMB 10-Year Government Bonds are higher with yields down -1.7 basis points to 3.286%
  • China Government RMB 2s-10s Spread has narrowed 1.6 basis points to 0.6%

 

 

Australian Market

  • Progress in US-China trade propelled Aussie stocks overnight
  • ASX 200 finished up 1.39%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 4.41x
  • 14 stocks in the ASX 200 hit 4-week highs while 60 stocks reached 4-week lows
  • 3 stocks in the ASX 200 closed overbought while 21 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7213
  • Aussie 2-Year Government Bonds are lower with yields up 0.4 basis points to 1.949%
  • Australia 10-Year Government Bonds are higher with yields down -0.8 basis points to 2.447%
  • Aussie Government 2s-10s Spread has narrowed 0.303 basis points to 0.5%

Indian Market

  • Indian stocks rose as the new head of the Indian Central Bank took the helm, his swift appointment instilling confidence 
  • The Sensex finished up 1.79% and the Nifty 50 closed higher by 1.79%
  • 0 stocks in the Sensex hit 4-week highs while 16 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 4 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.226% against the USD$ to 72.02
  • India 2-Year Government Bonds are higher with yields down -8.8 basis points to 7.042%
  • India 10-Year Government Bonds are higher with yields down -11.7 basis points to 7.411%
  • India Government 2s-10s Spread has narrowed 9.026 basis points to 0.37%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yamaha Corp Consumer Discretionary 5200 8.45%            1,231,000
Showa Denko KK Materials 3905 8.32%            8,314,700
Tokyo Electric Power Co Holdings Inc Utilities 739 7.88%          41,615,000
Kawasaki Kisen Kaisha Ltd Industrials 1578 5.55%                993,700
Daikin Industries Ltd Industrials 12475 5.36%            1,161,000
 
Underperformers Sector Price 1D % Chg Volume
FamilyMart UNY Holdings Co Ltd Consumer Staples 16080 -7.32%            2,535,200
Yahoo Japan Corp Information Technology 312 -1.58%          19,643,000
Nippon Light Metal Holdings Co Ltd Materials 233 -1.27%            4,583,500
Chiyoda Corp Industrials 313 -0.95%            3,369,300
Sompo Holdings Inc Financials 4045 -0.81%            2,285,500

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
China Resources Land Ltd Real Estate 30 6.57%            11,729,627
WH Group Ltd Consumer Staples 6.13 5.69%            60,262,681
China Overseas Land & Investment Ltd Real Estate 27.1 5.24%            15,891,570
Want Want China Holdings Ltd Consumer Staples 5.59 4.88%               9,809,883
CITIC Ltd Industrials 12.9 3.21%            10,766,663
 
Underperformers Sector Price 1D % Chg Volume
Hengan International Group Co Ltd Consumer Staples 57.1 -5.70%            12,398,157
Sands China Ltd Consumer Discretionary 34.5 -2.68%            15,732,551
CSPC Pharmaceutical Group Ltd Health Care 12.8 -1.99%            39,525,622
CLP Holdings Ltd Utilities 87.4 -0.40%               4,060,073
Galaxy Entertainment Group Ltd Consumer Discretionary 50.4 -0.40%            13,995,197

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
SpeedCast International Ltd Telecommunication Services 3.6 7.78%            1,493,714
Mayne Pharma Group Ltd Energy 0.95 6.15%            7,614,272
Galaxy Resources Ltd Real Estate 2.54 5.83%            3,446,812
Altium Ltd Industrials 21.82 5.56%                645,025
Automotive Holdings Group Ltd Health Care 1.495 5.28%            1,663,905
 
Underperformers Sector Price 1D % Chg Volume
St Barbara Ltd Materials 4.47 -3.66%            3,155,502
Regis Resources Ltd Real Estate 4.32 -3.14%            2,422,761
Northern Star Resources Ltd Financials 8.32 -2.46%            2,708,211
Nine Entertainment Co Holdings Ltd Materials 1.505 -2.27%            5,584,865
Lynas Corp Ltd Real Estate 1.62 -2.11%            8,096,215

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Hero MotoCorp Ltd Consumer Discretionary 3265.3 7.57%                17,281
Yes Bank Ltd Financials 186.8 5.30%              556,217
Bharti Airtel Ltd Telecommunications 305.2 5.21%              176,699
Adani Ports & Special Economic Zone Ltd Industrials 374.4 4.90%              135,051
Tata Motors Ltd Consumer Discretionary 89.6 4.07%              176,569
 
Underperformers Sector Price 1D % Chg Volume
Wipro Ltd Information Technology 330.05 0.33%              222,541
Asian Paints Ltd Materials 1328.7 0.36%                85,300
ITC Ltd Consumer Staples 275.65 0.36%              926,480
Infosys Ltd Information Technology 678.7 0.66%          1,581,820
Tata Consultancy Services Ltd Information Technology 2018.7 1.02%                57,673