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Weak Chinese trade data weighs on sentiment, sending Asian stocks lower overnight

Jan 14, 2019

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

Japanese Market

  • Japanese markets were closed for the Coming of Age holiday 

Chinese Market

  • Chinese stocks fall overnight as weak trade data drives selling to start the week
  • Chinese exports dropped 4.4% Y/Y while imports fell 7.6% Y/Y in December -- the worst results since CY2016 and raises worries about the impact of the ongoing trade dispute between the US and China on Chinese growth (and global growth) 
  • For the full CY2018, Chinese exports rose 9.9% and imports jumped 15.8%
  • The Hang Seng closed down 1.38%, Hang Seng China Enterprise declined 1.55%, and the CSI 300 retreated 0.87%
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.14x
  • 16 stocks in the Hang Seng hit 4-week highs while 0 stocks reached 4-week lows
  • 2 stocks in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • HKD$ is currently little changed against the USD$ at 7.8434
  • CNY¥ is currently little changed against the USD$ at 6.7671
  • China RMB 2-Year Government Bonds are higher with yields down -0.4 basis points to 2.632%
  • China RMB 10-Year Government Bonds are lower with yields up 2.1 basis points to 3.141%
  • China Government RMB 2s-10s Spread has widened 2.5 basis points to 0.51%

 

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Australian Market

  • Aussie stocks were flat with weak Chinese production data weighing on sentiment
  • ASX 200 finished down 0.02%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 1.3x
  • 40 stocks in the ASX 200 hit 4-week highs while 3 stocks reached 4-week lows
  • 4 stocks in the ASX 200 closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently down 0.305% against the USD$ to 0.7193
  • Aussie 2-Year Government Bonds are higher with yields down -3.1 basis points to 1.809%
  • Australia 10-Year Government Bonds are higher with yields down -3.4 basis points to 2.273%
  • Aussie Government 2s-10s Spread has narrowed 3.405 basis points to 0.46%

Indian Market

  • Indian stocks open the week lower, with investors no partilicularly impressed wuth earnings so far, as 2 of 3 companies that reported missed expectations
  • The Sensex finished down 0.43% and the Nifty 50 closed lower by 0.53%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.29x
  • 3 stocks in the Sensex hit 4-week highs while 7 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 up 0.617% against the USD$ to 70.93
  • India 2-Year Government Bonds are higher with yields down -3.3 basis points to 6.967%
  • India 10-Year Government Bonds are higher with yields down -36.4 basis points to 7.224%
  • India Government 2s-10s Spread has narrowed 3.917 basis points to 0.26%

Nikkei 225 Movers

  • Japanese markets were closed for the Coming of Age holiday 
   

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bank of Communications Co Ltd Financials 6.34 0.63%            40,311,340
Wharf Real Estate Investment Co Ltd Real Estate 48.8 0.62%               2,115,538
Link REIT Real Estate 79.9 0.19%               2,976,287
China Overseas Land & Investment Ltd Real Estate 27.5 0.18%            15,222,761
China Mobile Ltd Telecommunication Services 80.1 0.06%            14,885,907
 
Underperformers Sector Price 1D % Chg Volume
CNOOC Ltd Energy 12.2 -4.68%            57,949,582
Galaxy Entertainment Group Ltd Consumer Discretionary 46.3 -3.64%            20,279,343
PetroChina Co Ltd Energy 4.9 -3.16%            97,700,124
CSPC Pharmaceutical Group Ltd Health Care 11.7 -3.15%            29,460,977
China Life Insurance Co Ltd Financials 16.9 -3.10%            33,149,269

 

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ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Seven West Media Ltd Communication Services 0.555 4.72%            2,522,183
Nine Entertainment Co Holdings Ltd Communication Services 1.48 4.59%            6,317,923
Costa Group Holdings Ltd Consumer Staples 4.85 4.53%            7,510,557
Syrah Resources Ltd Materials 1.79 4.07%            1,011,179
Emeco Holdings Ltd Industrials 2.34 3.54%            1,078,108
 
Underperformers Sector Price 1D % Chg Volume
NEXTDC Ltd Information Technology 6.52 -5.84%            1,596,729
Automotive Holdings Group Ltd Consumer Discretionary 1.425 -3.72%            1,066,775
Whitehaven Coal Ltd Energy 4.3 -3.59%            8,328,786
Afterpay Touch Group Ltd Information Technology 13.05 -3.55%                929,159
Treasury Wine Estates Ltd Consumer Staples 14.40 -3.03%                        3,771,976

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Yes Bank Ltd Financials 195.4 6.22%              556,217
Infosys Ltd Information Technology 700.9 2.52%          1,581,820
Sun Pharmaceutical Industries Ltd Health Care 450.65 1.68%              213,552
Maruti Suzuki India Ltd Consumer Discretionary 7402.55 1.13%                21,459
Tata Motors Ltd Consumer Discretionary 182.3 1.11%              743,398
 
Underperformers Sector Price 1D % Chg Volume
Wipro Ltd Information Technology 312.45 -4.50%              222,541
Larsen & Toubro Ltd Industrials 1334 -2.64%              105,946
IndusInd Bank Ltd Financials 1484.05 -2.07%                42,184
Vedanta Ltd Materials 193.05 -1.78%          1,019,151
NTPC Ltd Utilities 145.25 -1.56%                84,301

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