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Asian stocks gripped by risk-off as global growth concerns weigh on sentiment

Dec 14, 2018

 

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

Japanese Market

  • The drop in Japanese stocks earlier in the morning helped push the group down for the second straight week as concerns about a slowdown in global growth and US-China trade tensions weighs on sentiment for Japanese export-sensitive stocks 
  • The Nikkei 225 finished down 2.02% and the Topix closed down 1.51%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.07x
  • 18 stocks in the Nikkei 225 hit 4-week highs while 7 stocks reached 4-week lows
  • 1 stock 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 113.59
  • Japan 2-Year Government Bonds are higher with yields down -1 basis points to -0.154%
  • Japan 10-Year Government Bonds are higher with yields down -2.2 basis points to 0.035%
  • JGBs 2s-10s Spread has narrowed 1.2 basis points to 0.19%

Chinese Market

  • Chinese stocks fell on weaker than expected economic data
  • China has agreed to roll back tariffs on auto imports for 3 months
  • Chinese retail sales grew +8.1% in November vs. expectations for +8.8% and +8.6% in October – November retail sales were the worst result since 2003 
  • Chinese Industrial Production increased +5.4% in November vs. expectations for +5.9% and +5.9% in October -- the November result missed ALL 38 estimates surveyed to get November’s market forecast
  • The Hang Seng closed down 1.62%, Hang Seng China Enterprise declined 1.87%, and the CSI 300 retreated 1.67%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.22x
  • 8 stocks in the Hang Seng hit 4-week highs while 1 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 7.8132
  • CNY¥ is currently up 0.278% against the USD$ to 6.9007
  • China RMB 2-Year Government Bonds are lower with yields up 1.5 basis points to 2.724%
  • China RMB 10-Year Government Bonds are lower with yields up 2.1 basis points to 3.375%
  • China Government RMB 2s-10s Spread has widened 0.6 basis points to 0.65%

 

 

Australian Market

  • Aussie stocks finished the week lower, bank stocks led the losses on the outlook for growth
  • ASX 200 finished down 1.05%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.35x
  • 15 stocks in the ASX 200 hit 4-week highs while 10 stocks reached 4-week lows
  • 1 stock in the ASX 200 closed overbought while 9 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.858% against the USD$ to 0.7165
  • Aussie 2-Year Government Bonds are higher with yields down -0.6 basis points to 1.983%
  • Australia 10-Year Government Bonds are higher with yields down -0.4 basis points to 2.462%
  • Aussie Government 2s-10s Spread has widened 1.458 basis points to 0.48%
     

Indian Market

  • Indian stocks finished positive for the week as investors review the first days of the Central Bank head's new tenure
  • The Sensex finished up 0.09% and the Nifty 50 closed higher by 0.13%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 2.1x
  • 7 stocks in the Sensex hit 4-week highs while 0 stocks reached 4-week lows
  • 1 stock in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently up 0.288% against the USD$ to 71.8963
  • India 2-Year Government Bonds are lower with yields up 0.4 basis points to 6.982%
  • India 10-Year Government Bonds are lower with yields up 3.3 basis points to 7.441%
  • India Government 2s-10s Spread has widened 0.112 basis points to 0.46%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Showa Denko KK Materials 3790 1.61%            5,903,400
Mitsubishi Estate Co Ltd Real Estate 1847 1.51%            7,366,500
Isetan Mitsukoshi Holdings Ltd Consumer Discretionary 1333 1.37%            3,015,400
Tokyo Electric Power Co Holdings Inc Utilities 741 0.82%          20,770,000
Tokai Carbon Co Ltd Materials 1419 0.42%          12,033,500
 
Underperformers Sector Price 1D % Chg Volume
Tokyo Dome Corp Consumer Discretionary 905 -7.65%            1,668,900
Yahoo Japan Corp Information Technology 296 -5.73%          12,776,666
Tokyo Electron Ltd Information Technology 13345 -5.46%            2,768,300
Eisai Co Ltd Health Care 9617 -5.02%            1,757,300
Trend Micro Inc/Japan Information Technology 6300 -4.98%            1,528,400

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Swire Pacific Ltd Real Estate 83.6 1.27%               1,475,877
Hengan International Group Co Ltd Consumer Staples 55.5 1.00%            19,676,011
Hang Lung Properties Ltd Real Estate 15.9 0.89%               3,516,593
Hong Kong & China Gas Co Ltd Utilities 16.1 0.63%            17,164,375
CLP Holdings Ltd Utilities 88.1 0.51%               3,241,737
 
Underperformers Sector Price 1D % Chg Volume
CSPC Pharmaceutical Group Ltd Health Care 11.5 -12.04%          111,615,658
WH Group Ltd Consumer Staples 5.92 -6.18%            46,454,233
Sunny Optical Technology Group Co Ltd Information Technology 70.8 -4.97%               6,637,394
AAC Technologies Holdings Inc Information Technology 48.8 -4.87%               7,700,277
China Mobile Ltd Telecommunication Services 75 -3.23%            22,345,558

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sigma Healthcare Ltd Health Care 0.58 43.21%          17,038,627
Infigen Energy Industrials 0.475 11.76%            2,693,931
Australian Pharmaceutical Industries Ltd Telecommunication Services 1.595 8.50%            4,394,627
GWA Group Ltd Materials 2.91 5.05%            1,736,280
Ansell Ltd Information Technology 23.57 2.84%            1,136,038
 
Underperformers Sector Price 1D % Chg Volume
Nine Entertainment Co Holdings Ltd Information Technology 1.48 -8.90%            3,007,889
Domain Holdings Australia Ltd Consumer Staples 2.32 -8.66%            2,443,142
SpeedCast International Ltd Telecommunication Services 3.47 -6.22%            2,290,231
a2 Milk Co Ltd Consumer Staples 10.15 -4.69%            3,836,845
Vocus Group Ltd Consumer Discretionary 3.18 -4.50%            2,823,183

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bharti Airtel Ltd Telecommunications 318.8 5.32%              176,699
Yes Bank Ltd Financials 222 3.23%              556,217
Oil & Natural Gas Corp Ltd Energy 146.95 2.58%              845,921
NTPC Ltd Utilities 143.65 1.84%                84,301
Asian Paints Ltd Materials 1340.05 1.51%                85,300
 
Underperformers Sector Price 1D % Chg Volume
Housing Development Finance Corp Ltd Financials 1904.15 -1.95%              100,547
Wipro Ltd Information Technology 333.1 -1.67%              222,541
Larsen & Toubro Ltd Industrials 1411.55 -0.95%              105,946
Adani Ports & Special Economic Zone Ltd Industrials 368.95 -0.65%              135,051
Sun Pharmaceutical Industries Ltd Health Care 419.75 -0.57%              213,552