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Asian stocks' dichotomy overnight-strong rally in Chinese stocks while Japan sees strong risk-off

Jan 04, 2019

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

Japanese Market

  • Japanese stocks diverged from the rest of Asia as Japanese stocks were catching up to the rest of Asia with the Tokyo Stock Exchange closed for the last 4 days
  • The Nikkei 225 finished down 2.26% and the Topix closed down 1.53%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.39x
  • 1 stock in the Nikkei 225 hit 4-week highs while 1 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 15 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.26% against the USD$ to 107.96
  • Japan 2-Year Government Bonds are higher with yields down -3.7 basis points to -0.178%
  • Japan 10-Year Government Bonds are higher with yields down -4.1 basis points to -0.038%
  • JGBs 2s-10s Spread has narrowed 0.4 basis points to 0.14%

Chinese Market

  • Chinese and Hong Kong stocks bounced back sharply following a better-than-expected Services PMI reading for December
  • CSI 300 large-cap Chinese stocks experienced the most intra-day volatility in this morning’s trading session since October 2018 
  • Caixin China Services PMI returned a reading of 53.9 for the month of December vs. Consensus of 53.0 and 53.8 in November
  • The People’s Bank of China (PBOC) announces it lowering its reserve ratio for banks by 0.5 points on January 15 and another 0.5 points on January 25 in an attempt to stimulate money supply -- currently stands at 14.5% 
  • The Hang Seng closed up 2.24%, Hang Seng China Enterprise advanced 1.97%, and the CSI 300 rose 2.4%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 15.67x
  • 0 stocks in the Hang Seng hit 4-week highs while 24 stocks reached 4-week lows
  • 0 stocks in the Hang Seng closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8336
  • CNY¥ is currently little changed against the USD$ at 6.865
  • China RMB 2-Year Government Bonds are higher with yields down -1.2 basis points to 2.762%
  • China RMB 10-Year Government Bonds are higher with yields down -1.8 basis points to 3.138%
  • China Government RMB 2s-10s Spread has narrowed 0.6 basis points to 0.38%
     

 

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Australian Market

  • Aussie stocks closed lower with Chinese growth concerns weighing on investor sentiment in Friday's session
  • ASX 200 finished down 0.25%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.42x
  • 14 stocks in the ASX 200 hit 4-week highs while 19 stocks reached 4-week lows
  • 4 stocks in the ASX 200 closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.585% against the USD$ to 0.7047
  • Aussie 2-Year Government Bonds are lower with yields up 4.3 basis points to 1.795%
  • Australia 10-Year Government Bonds are lower with yields up 5.9 basis points to 2.234%
  • Aussie Government 2s-10s Spread has widened 3.715 basis points to 0.44%
     

Indian Market

  • Indian stocks rose for the first day in 3, with investors optimistic on the coming earnings season that begins next week
  • The Sensex finished up 0.51% and the Nifty 50 closed higher by 0.52%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 2.44x
  • 1 stock in the Sensex hit 4-week highs while 2 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.654% against the USD$ to 69.7312
  • India 2-Year Government Bonds are lower with yields up 1.4 basis points to 6.841%
  • India 10-Year Government Bonds are lower with yields up 2.2 basis points to 7.449%
  • India Government 2s-10s Spread has widened 0.746 basis points to 0.61%
     

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tokyo Electric Power Co Holdings Inc Utilities 698 6.89%          25,578,200
Kansai Electric Power Co Inc/The Utilities 1728 4.73%            3,497,300
Seven & i Holdings Co Ltd Consumer Staples 4943 3.35%            4,455,200
Chubu Electric Power Co Inc Utilities 1613 3.23%            3,395,900
SKY Perfect JSAT Holdings Inc Consumer Discretionary 483 2.99%            1,156,500
 
Underperformers Sector Price 1D % Chg Volume
Taiyo Yuden Co Ltd Information Technology 1476 -9.78%            6,397,500
MINEBEA MITSUMI Inc Industrials 1465 -7.86%            4,620,400
IHI Corp Industrials 2802 -7.52%            1,819,600
Toho Zinc Co Ltd Materials 3105 -7.45%                186,100
Dentsu Inc Consumer Discretionary 4575 -6.73%            1,800,200

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
CSPC Pharmaceutical Group Ltd Health Care 11.1 10.14%            78,048,207
CK Asset Holdings Ltd Real Estate 58.9 5.56%               7,569,848
Country Garden Holdings Co Ltd Real Estate 9.06 5.35%            36,969,269
CNOOC Ltd Energy 12.1 5.23%            70,309,213
Henderson Land Development Co Ltd Real Estate 40.7 5.04%               6,956,923
 
Underperformers Sector Price 1D % Chg Volume
AAC Technologies Holdings Inc Information Technology 40.8 -0.73%               7,220,230
China Merchants Port Holdings Co Ltd Industrials 14.2 -0.42%               2,462,341
Geely Automobile Holdings Ltd Consumer Discretionary 11.9 -0.34%            65,899,871
Hang Seng Bank Ltd Financials 168 -0.18%               3,691,241
Sunny Optical Technology Group Co Ltd Information Technology 61.5 0.16%               9,635,525

 

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ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Saracen Mineral Holdings Ltd Materials 3.17 4.97%            8,142,073
St Barbara Ltd Materials 4.99 4.61%            4,783,561
Healius Ltd Health Care 2.75 4.56%            3,422,895
Newcrest Mining Ltd Materials 23.53 3.89%            6,408,036
APA Group Utilities 8.93 3.12%            2,896,570
 
Underperformers Sector Price 1D % Chg Volume
Fortescue Metals Group Ltd Materials 4.3 -6.38%          10,705,850
Automotive Holdings Group Ltd Consumer Discretionary 1.435 -5.28%                913,353
Emeco Holdings Ltd Industrials 1.895 -4.53%                820,467
Treasury Wine Estates Ltd Consumer Staples 14.02 -4.43%            3,287,956
Infigen Energy Utilities 0.45 -4.26%                920,151

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 189.5 3.05%              556,217
Bharti Airtel Ltd Telecommunications 322.6 3.02%              176,699
Tata Motors Ltd Consumer Discretionary 170.75 2.74%              743,398
Vedanta Ltd Materials 193 2.66%          1,019,151
Tata Motors Ltd Consumer Discretionary 0 2.58%              176,569
 
Underperformers Sector Price 1D % Chg Volume
Tata Consultancy Services Ltd Information Technology 1873.95 -1.19%                57,673
Infosys Ltd Information Technology 660.75 -1.02%          1,581,820
IndusInd Bank Ltd Financials 1547.95 -0.71%                42,184
Hero MotoCorp Ltd Consumer Discretionary 2992.55 -0.65%                17,281
Sun Pharmaceutical Industries Ltd Health Care 432.8 -0.59%              213,552

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