blog

Latest from the Quantamize Blog

Asian stocks mostly lower overnight as China pledges more stimulus

Dec 21, 2018

 

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

Japanese Market

  • Investors shed Japanese stocks ahead of the holidays as Japanese stocks have lost 6.5% this week alone
  • The Nikkei 225 finished down 1.11% and the Topix closed down 1.91%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.12x
  • 1 stock in the Nikkei 225 hit 4-week highs while 168 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 62 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 111.21
  • Japan 2-Year Government Bonds are lower with yields up 0.7 basis points to -0.138%
  • Japan 10-Year Government Bonds are lower with yields up 2 basis points to 0.047%
  • JGBs 2s-10s Spread has widened 1.3 basis points to 0.19%

Chinese Market

  • Hong Kong stocks bucked the global trend and posted gains with China's announcement of more stimulus
  • Chinese monetary authorities confirmed today that more fiscal and monetary stimulus will be coming in 2019; China will use the same limited, targeted stimulus as was done in 2018 
  • The US Justice Department has indicted 2 Chinese nationals and alleges they waged a decades-long economic espionage campaign, coordinating with Chinese state security agencies, infiltrating 45 US companies and government agencies
  • The Hang Seng closed up 0.51%, Hang Seng China Enterprise advanced 0.1%, and the CSI 300 retreated 1.24%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.67x
  • 0 stocks in the Hang Seng hit 4-week highs while 14 stocks reached 4-week lows
  • 0 stocks in the Hang Seng closed overbought while 5 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8284
  • CNY¥ is currently up 0.306% against the USD$ to 6.9061
  • China RMB 2-Year Government Bonds are lower with yields up 3.8 basis points to 2.762%
  • China RMB 10-Year Government Bonds are higher with yields down -0.8 basis points to 3.328%
  • China Government RMB 2s-10s Spread has narrowed 4.6 basis points to 0.57%
     

 

 

Australian Market

  • Aussie stocks fell, closing at a 2 year low as Decemeber is shaping up to be the worst for Aussie stocks since the financial crisis
  • ASX 200 finished down 0.69%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.35x
  • 14 stocks in the ASX 200 hit 4-week highs while 65 stocks reached 4-week lows
  • 0 stocks in the ASX 200 closed overbought while 27 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.225% against the USD$ to 0.7092
  • Aussie 2-Year Government Bonds are lower with yields up 4.2 basis points to 1.973%
  • Australia 10-Year Government Bonds are lower with yields up 4.5 basis points to 2.387%
  • Aussie Government 2s-10s Spread has widened 3.975 basis points to 0.41%

Indian Market

  • The positive news around lower oil prices and potential new government stimulus were overshadowed by the global stock sell off, sending Indian shares lower overnight
  • The Sensex finished down 1.89% and the Nifty 50 closed lower by 1.81%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.07x
  • 4 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 0.669% against the USD$ to 70.1738
  • India 2-Year Government Bonds are higher with yields down -1.9 basis points to 6.873%
  • India 10-Year Government Bonds are lower with yields up 0.2 basis points to 7.277%
  • India Government 2s-10s Spread has widened 2.569 basis points to 0.4%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
TDK Corp Information Technology 7590 4.12%            2,506,400
Advantest Corp Information Technology 2153 1.94%            4,657,700
Tokyo Electron Ltd Information Technology 12570 1.70%            2,204,600
Hitachi Construction Machinery Co Ltd Industrials 2548 1.68%            1,874,300
Taiyo Yuden Co Ltd Information Technology 1705 1.67%            5,602,700
 
Underperformers Sector Price 1D % Chg Volume
FamilyMart UNY Holdings Co Ltd Consumer Staples 14860 -6.31% 2,409,722
Tokai Carbon Co Ltd Materials 1293 -5.48%          10,800,400
Kawasaki Kisen Kaisha Ltd Industrials 1343 -5.29%            1,136,600
IHI Corp Industrials 3135 -5.00%            1,236,300
Yokohama Rubber Co Ltd/The Consumer Discretionary 2100 -4.98%                909,300

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Hengan International Group Co Ltd Consumer Staples 56 5.97%            14,975,480
Tencent Holdings Ltd Information Technology 315 4.51%            41,628,409
China Life Insurance Co Ltd Financials 16.6 1.71%            54,396,401
CSPC Pharmaceutical Group Ltd Health Care 11 1.66%            57,322,770
Geely Automobile Holdings Ltd Consumer Discretionary 13.8 1.62%            34,563,782
 
Underperformers Sector Price 1D % Chg Volume
China Merchants Port Holdings Co Ltd Industrials 13.9 -3.48%               4,213,335
Sino Land Co Ltd Real Estate 13.5 -2.60%               9,422,527
Want Want China Holdings Ltd Consumer Staples 5.39 -2.53%            10,546,223
China Resources Land Ltd Real Estate 29.5 -1.99%            11,907,123
Hang Lung Properties Ltd Real Estate 15 -1.83%               5,523,521

 

 

ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Resolute Mining Ltd Materials 1.165 6.39%          20,856,700
Healthscope Ltd Health Care 2.18 5.83%          20,808,507
Northern Star Resources Ltd Materials 8.91 3.73%          16,259,046
Platinum Asset Management Ltd Financials 4.81 3.66%            2,411,594
Evolution Mining Ltd Materials 3.53 2.92%          29,416,968
 
Underperformers Sector Price 1D % Chg Volume
Pilbara Minerals Ltd Materials 0.58 -8.66%          21,666,326
Vocus Group Ltd Communication Services 3.06 -8.11%            8,361,076
Viva Energy Group Ltd Energy 1.72 -6.78%          32,793,715
Galaxy Resources Ltd Materials 2.07 -5.91%            6,910,275
WiseTech Global Ltd Information Technology 16.2 -5.70%                763,891

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
NTPC Ltd Utilities 150.7 1.07%                84,301
Coal India Ltd Energy 251.7 0.28%              969,111
Tata Motors Ltd Consumer Discretionary 175.9 -0.03%              743,398
Oil & Natural Gas Corp Ltd Energy 148.55 -0.07%              845,921
Tata Motors Ltd Consumer Discretionary 176.25 -0.36%              176,569
 
Underperformers Sector Price 1D % Chg Volume
Adani Ports & Special Economic Zone Ltd Industrials 359.2 -4.24%              135,051
Wipro Ltd Information Technology 319.45 -4.23%              222,541
Maruti Suzuki India Ltd Consumer Discretionary 7536.75 -3.49%                21,459
Infosys Ltd Information Technology 646.20 -3.16%          1,581,820
Tata Consultancy Services Ltd Information Technology 1895.20 -3.02%                57,673