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Asian stocks rose overnight with growing anticipation of US-China trade progress

Jan 09, 2019

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

Japanese Market

  • The positive global sentiment on trade lifted Japanese stocks overnight, with Japanese stocks posting the third straight day of gains
  • The Nikkei 225 finished up 1.1% and the Topix closed up 1.1%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 4.23x
  • 7 stocks in the Nikkei 225 hit 4-week highs while 1 stock reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 1 stock closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 108.83
  • Japan 2-Year Government Bonds are higher with yields down -0.4 basis points to -0.14%
  • Japan 10-Year Government Bonds are lower with yields up 2 basis points to 0.032%
  • JGBs 2s-10s Spread has widened 2.4 basis points to 0.17%

Chinese Market

  • Chinese stocks rose overnight with US-China trade talks ending on what is reported to be a positive note after the talks were extended an extra day 
  • Press reports are that the US and China are coordinating a final message and will try to highlight where progress has been made; no statement has been issued yet
  • Chinese authorities have pledged to introduce policies to boost domestic car consumption after car sales fell for the first time in 27 years
  • The Hang Seng closed up 2.27%, Hang Seng China Enterprise advanced 2.22%, and the CSI 300 rose 1.01%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 24x
  • 15 stocks in the Hang Seng hit 4-week highs while 2 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 7.8385
  • CNY¥ is currently down 0.35% against the USD$ to 6.8292
  • China RMB 2-Year Government Bonds are higher with yields down -16.2 basis points to 2.6%
  • China RMB 10-Year Government Bonds are higher with yields down -2.2 basis points to 3.147%
  • China Government RMB 2s-10s Spread has widened 14 basis points to 0.55%

 

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Australian Market

  • Aussie stocks rose in tandem with other Asian markets as anticipation grows for news on trade progress from US-China talks that ended overnight
  • ASX 200 finished up 0.98%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 3.17x
  • 24 stocks in the ASX 200 hit 4-week highs while 12 stocks reached 4-week lows
  • 3 stocks in the ASX 200 closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.406% against the USD$ to 0.7169
  • Aussie 2-Year Government Bonds are lower with yields up 1.8 basis points to 1.837%
  • Australia 10-Year Government Bonds are lower with yields up 2.5 basis points to 2.302%
  • Aussie Government 2s-10s Spread has widened 1.394 basis points to 0.47%

Indian Market

  • A positive start to earnings season pushed Indian stocks higher, aided by positive global sentiment
  • The Sensex finished up 0.64% and the Nifty 50 closed higher by 0.49%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 1.58x
  • 6 stocks in the Sensex hit 4-week highs while 3 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 0.374% against the USD$ to 70.465
  • India 2-Year Government Bonds are lower with yields up 2.2 basis points to 7.005%
  • India 10-Year Government Bonds are higher with yields down -10.6 basis points to 7.532%
  • India Government 2s-10s Spread has narrowed 1.826 basis points to 0.53%

Nikkei 225 Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Sumitomo Dainippon Pharma Co Ltd Health Care 3840 6.37%            1,608,200
Kikkoman Corp Consumer Staples 6010 5.44%                875,800
Recruit Holdings Co Ltd Industrials 2886 5.17%            5,452,000
Sapporo Holdings Ltd Consumer Staples 2470 4.35%                729,000
Daikin Industries Ltd Industrials 12350 4.09%                942,300
 
Underperformers Sector Price 1D % Chg Volume
Taiyo Yuden Co Ltd Information Technology 1564 -4.46%            7,343,100
Toho Co Ltd/Tokyo Consumer Discretionary 3985 -3.39%                900,700
Chiyoda Corp Industrials 308 -3.14%            2,780,000
Advantest Corp Information Technology 2184 -2.46%            5,524,300
Shimizu Corp Industrials 890 -1.66%            3,479,100

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Geely Automobile Holdings Ltd Consumer Discretionary 11.1 8.41%          234,916,240
AAC Technologies Holdings Inc Information Technology 44.9 6.41%            12,723,001
Sands China Ltd Consumer Discretionary 35.4 4.59%            21,345,532
China Resources Land Ltd Real Estate 30.8 4.58%            15,983,182
China Petroleum & Chemical Corp Energy 6.01 4.52%          230,291,563
 
Underperformers Sector Price 1D % Chg Volume
Link REIT Real Estate 79.9 -0.62%               7,629,238
Hengan International Group Co Ltd Consumer Staples 57 0.00%               5,070,395
CK Hutchison Holdings Ltd Industrials 77.5 0.19%               7,793,080
Bank of East Asia Ltd/The Financials 24.9 0.20%               1,296,545
MTR Corp Ltd Industrials 41.8 0.24%               3,720,428

 

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ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Magellan Financial Group Ltd Financials 27 10.29%            1,129,819
Bingo Industries Ltd Industrials 2.08 6.94%            3,405,258
Ausdrill Ltd Materials 1.195 5.29%            3,373,453
WorleyParsons Ltd Energy 13.45 5.24%            4,127,780
Beach Energy Ltd Energy 1.525 5.17%          15,445,693
 
Underperformers Sector Price 1D % Chg Volume
Technology One Ltd Information Technology 6.42 -4.90%            1,844,703
Platinum Asset Management Ltd Financials 4.7 -3.49%            2,528,268
oOh!media Ltd Communication Services 3.44 -3.37%            1,156,716
Seven West Media Ltd Communication Services 0.54 -2.70%            4,841,366
Viva Energy Group Ltd Energy 1.815 -2.68%            2,631,679

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Axis Bank Ltd Financials 670.05 2.94%              960,464
ITC Ltd Consumer Staples 290.7 2.29%              926,480
Tata Motors Ltd Consumer Discretionary 183.1 2.09%              743,398
Bharti Airtel Ltd Telecommunications 335.15 1.92%              176,699
Housing Development Finance Corp Ltd Financials 1993.3 1.74%              100,547
 
Underperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 186.4 -3.07%              556,217
Tata Steel Ltd Materials 479.35 -2.44%              504,491
Oil & Natural Gas Corp Ltd Energy 145.55 -1.26%              845,921
Hero MotoCorp Ltd Consumer Discretionary 2940.45 -1.15%                17,281
NTPC Ltd Utilities 146.15 -0.54%                84,301

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