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Asian stocks rise on news of potential easing in trade tension between US and China

Jan 18, 2019

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

Japanese Market

  • Japanese stocks, like the rest of Asia, rose overnight with hopes for less trade tension between the US and China
  • The Nikkei 225 finished up 1.29% and the Topix closed up 0.93%
  • Strategists see a good chance of the Bank of Japan cutting the amount of monetary stimulus it allocates to buying ETFs when the BoJ meets next week
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 8.78x
  • 85 stocks in the Nikkei 225 hit 4-week highs while 2 stocks reached 4-week lows
  • 1 stock in the Nikkei 225 closed overbought while 1 stock closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.156% against the USD$ to 109.43
  • Japan 2-Year Government Bonds are lower with yields up 0.2 basis points to -0.165%
  • Japan 10-Year Government Bonds are lower with yields up 1 basis points to 0.016%
  • JGBs 2s-10s Spread has widened 0.8 basis points to 0.18%
     

Chinese Market

  • Hong Kong shares rebounded from losses Thursday that included a mysterious crash of 4 stocks late session 
  • The Hang Seng closed up 1.25%, Hang Seng China Enterprise advanced 1.19%, and the CSI 300 rose 1.82%
  • A Wall Street Journal article yesterday suggested the US is considering the possibility of rolling back tarriffs on Chinese products, the US Treasury has denied the report
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 7.33x
  • 18 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 7.8441
  • CNY¥ is currently little changed against the USD$ at 6.777
  • China RMB 2-Year Government Bonds are higher with yields down -0.1 basis points to 2.598%
  • China RMB 10-Year Government Bonds are lower with yields up 2.4 basis points to 3.105%
  • China Government RMB 2s-10s Spread has widened 2.5 basis points to 0.51%
     

 

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Australian Market

  • Aussie stocks gained 1.8% this week, rising overnight on optimism for improved trade relations between the US and China
  • ASX 200 finished up 0.5%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 2.33x
  • 68 stocks in the ASX 200 hit 4-week highs while 4 stocks reached 4-week lows
  • 3 stocks in the ASX 200 closed overbought while 1 stock closed oversold according to the 16-day RSI Measure
  • AUD$ is currently little changed against the USD$ at 0.7193
  • Aussie 2-Year Government Bonds are lower with yields up 2.4 basis points to 1.844%
  • Australia 10-Year Government Bonds are lower with yields up 3.4 basis points to 2.315%
  • Aussie Government 2s-10s Spread has widened 2.4 basis points to 0.47%

Indian Market

  • Indian stocks traded in a tight range, closing flat, and gaining 1% this week
  • The Sensex finished up 0.03% and the Nifty 50 closed higher by 0.02%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.63x
  • 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 0.208% against the USD$ to 71.1875
  • India 2-Year Government Bonds are lower with yields up 1.4 basis points to 7.033%
  • India 10-Year Government Bonds are lower with yields up 3.3 basis points to 7.31%
  • India Government 2s-10s Spread has widened 1.192 basis points to 0.28%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Chiyoda Corp Industrials 344 17.41%          27,309,400
Mitsui E&S Holdings Co Ltd Industrials 1202 5.81%                773,100
JGC Corp Industrials 1678 5.60%            1,948,600
Yaskawa Electric Corp Information Technology 3015 5.31%            4,371,300
Daiichi Sankyo Co Ltd Health Care 3801 4.57%            2,100,700
 
Underperformers Sector Price 1D % Chg Volume
MINEBEA MITSUMI Inc Industrials 1646 -2.60%            4,593,300
Daikin Industries Ltd Industrials 12185 -2.36%            1,400,700
Shin-Etsu Chemical Co Ltd Materials 8550 -1.58%            2,078,300
Sojitz Corp Industrials 410 -1.20%            9,061,900
Nippon Telegraph & Telephone Corp Telecommunication Services 4505 -1.03%            3,033,300

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 71.7 7.66%            15,565,381
Geely Automobile Holdings Ltd Consumer Discretionary 12.3 5.69%            77,980,931
AAC Technologies Holdings Inc Information Technology 48.2 5.47%               8,408,563
CSPC Pharmaceutical Group Ltd Health Care 13.1 3.80%            67,045,462
China Life Insurance Co Ltd Financials 19.1 3.69%            74,054,881
 
Underperformers Sector Price 1D % Chg Volume
China Resources Power Holdings Co Ltd Utilities 15.4 -2.53%            13,520,177
Want Want China Holdings Ltd Consumer Staples 6.13 -1.29%            13,898,785
Hang Seng Bank Ltd Financials 174 -0.46%               1,668,937
CLP Holdings Ltd Utilities 90.6 -0.28%               3,087,738
Link REIT Real Estate 79.4 -0.19%               3,448,572

 

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ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Afterpay Touch Group Ltd Information Technology 16.1 12.98%            7,247,455
Sandfire Resources NL Materials 7.06 6.01%            1,338,899
Credit Corp Group Ltd Financials 21.16 5.27%                229,040
Sims Metal Management Ltd Materials 10.95 4.99%            1,185,726
Appen Ltd Information Technology 15.59 4.98%            1,063,220
 
Underperformers Sector Price 1D % Chg Volume
InvoCare Ltd Consumer Discretionary 11.45 4.09%                318,715
Estia Health Ltd Health Care 2.13 -4.91%            1,742,097
Sydney Airport Industrials 6.41 -2.88%            8,752,080
Healius Ltd Health Care 2.7 -2.88%            1,936,453
Lynas Corp Ltd Materials 1.605 -2.73%            4,181,225

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Reliance Industries Ltd Energy 1182.95 4.34%              278,816
Wipro Ltd Information Technology 346.2 2.91%              222,541
Kotak Mahindra Bank Ltd Financials 1237.35 1.41%                96,262
Adani Ports & Special Economic Zone Ltd Industrials 398.6 0.99%              135,051
Asian Paints Ltd Materials 1401.3 0.85%                85,300
 
Underperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 390.75 -8.52%              213,552
Bharti Airtel Ltd Telecommunications 310.95 -6.42%              176,699
Larsen & Toubro Ltd Industrials 1318.25 -2.07%              105,946
Axis Bank Ltd Financials 664.3 -1.77%              960,464
Yes Bank Ltd Financials 198.25 -1.59%              556,217

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