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Asian stocks little changed overnight as Bank of Japan leaves stimulus levels unchanged

Jan 23, 2019

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

Japanese Market

 

  • Japanese stocks fell slightly in overnight trading following news that Bank of Japan (BOJ) left its level of stimulus unchanged
  • The Nikkei 225 finished down 0.14% and the Topix closed down 0.6%
  • Cnooc (SEHK: 883) said it will spend USD$11.8 billion this year to boost China's oil and gas supply, its most in 5 years, as China seeks to be more self-sufficient  
  • Bank of Japan cut its inflation expectation for fiscal 2019 (starts in April) to 0.9% from 1.4%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.44x
  • 57 stocks in the Nikkei 225 hit 4-week highs while 0 stocks reached 4-week lows
  • 1 stock in the Nikkei 225 closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.265% against the USD$ to 109.66
  • Japan 2-Year Government Bonds are lower with yields up 0.3 basis points to -0.164%
  • Japan 10-Year Government Bonds are lower with yields up 0.2 basis points to 0.005%
  • JGBs 2s-10s Spread has narrowed 0.1 basis points to 0.17%

Chinese Market

  • Chinese stocks were flat overnight and did not follow US markets lower, in the wake of confirrmation that US-China talks are set to proceed January 30th and 31st in the US
  • Larry Kudlow, Director of the National Economic Council (NEC), denies that US and China trade official canceled current trade negotiations, adding that talks over the next week will be "determinative"
  • The Hang Seng closed up 0.01%, Hang Seng China Enterprise advanced 0.17%, and the CSI 300 retreated 0.07%
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 1.5x
  • 11 stocks in the Hang Seng hit 4-week highs while 1 stock reached 4-week lows
  • 1 stock 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 7.8457
  • CNY¥ is currently down 0.298% against the USD$ to 6.7877
  • China RMB 2-Year Government Bonds are higher with yields down -1.7 basis points to 2.603%
  • China RMB 10-Year Government Bonds are lower with yields up 1.1 basis points to 3.132%
  • China Government RMB 2s-10s Spread has widened 2.8 basis points to 0.53%

 

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Australian Market

  • Aussie stocks posted small losses after Challenger Limited (ASX:CGF) cut guidance, saying investors should expect significantly lower profit in the second half of 2019
  • ASX 200 finished down 0.26%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.82x
  • 45 stocks in the ASX 200 hit 4-week highs while 2 stocks reached 4-week lows
  • 7 stocks in the ASX 200 closed overbought while 1 stock closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.197% against the USD$ to 0.7138
  • Aussie 2-Year Government Bonds are higher with yields down -2 basis points to 1.824%
  • Australia 10-Year Government Bonds are higher with yields down -2.1 basis points to 2.28%
  • Aussie Government 2s-10s Spread has narrowed 2.197 basis points to 0.46%
     

Indian Market

  • Indian stocks fell after results by ITC Limited (NSEI:ITC)-6.5% of the Sensex index-were described by some analysts as coming below expectations
  • The Sensex finished down 0.92% and the Nifty 50 closed lower by 0.84%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.41x
  • 4 stocks in the Sensex hit 4-week highs while 8 stocks reached 4-week lows
  • 2 stocks in the Sensex closed overbought while 3 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently down 0.152% against the USD$ to 71.3338
  • India 2-Year Government Bonds are lower with yields up 0.8 basis points to 7.026%
  • India 10-Year Government Bonds are higher with yields down -0.9 basis points to 7.294%
  • India Government 2s-10s Spread has narrowed 0.648 basis points to 0.27%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
SoftBank Group Corp Telecommunication Services 8028 2.41%            9,014,600
Dentsu Inc Consumer Discretionary 5230 1.75%            1,035,300
Ricoh Co Ltd Information Technology 1131 1.62%            5,284,300
Terumo Corp Health Care 6307 1.56%            1,023,500
Sumitomo Dainippon Pharma Co Ltd Health Care 3805 1.33%                903,100
 
Underperformers Sector Price 1D % Chg Volume
JXTG Holdings Inc Energy 567.3 -3.45%          16,507,700
Subaru Corp Consumer Discretionary 2470 -3.44%            9,642,400
Shiseido Co Ltd Consumer Staples 6032 -3.33%            3,173,900
SCREEN Holdings Co Ltd Information Technology 4965 -2.84%                687,800
Showa Shell Sekiyu KK Energy 1602 -2.61%            1,807,000

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
China Unicom Hong Kong Ltd Telecommunication Services 9.04 4.27%            61,104,353
China Resources Power Holdings Co Ltd Utilities 15.8 2.86%               9,093,610
China Shenhua Energy Co Ltd Energy 19.3 1.90%            18,170,232
CSPC Pharmaceutical Group Ltd Health Care 12.9 1.74%            24,829,139
Hengan International Group Co Ltd Consumer Staples 57.3 1.69%               3,381,544
 
Underperformers Sector Price 1D % Chg Volume
Sunny Optical Technology Group Co Ltd Information Technology 70.8 -3.15%               7,981,032
CNOOC Ltd Energy 12.6 -2.47%            54,794,071
Geely Automobile Holdings Ltd Consumer Discretionary 12.2 -1.29%            45,067,543
PetroChina Co Ltd Energy 4.9 -1.21%          106,465,057
AAC Technologies Holdings Inc Information Technology 45.1 -0.99%               5,456,513

 

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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 3.02 4.86%            5,353,947
Costa Group Holdings Ltd Consumer Staples 5.38 4.26%            2,976,051
Bapcor Ltd Consumer Discretionary 6.19 4.21%            1,067,598
Harvey Norman Holdings Ltd Consumer Discretionary 3.4 3.98%            4,629,548
Nanosonics Ltd Health Care 3.15 3.96%                568,633
 
Underperformers Sector Price 1D % Chg Volume
IOOF Holdings Ltd Financials 5.26 -8.20%            3,309,244
Northern Star Resources Ltd Materials 8.68 -5.65%            7,602,792
Syrah Resources Ltd Materials 1.945 -4.66%            1,178,835
Reliance Worldwide Corp Ltd Industrials 4.33 -4.63%            8,232,572
SpeedCast International Ltd Communication Services 291 -4.59% 5,391,310

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sun Pharmaceutical Industries Ltd Health Care 430.75 3.04%              213,552
Yes Bank Ltd Financials 197.3 2.71%              556,217
Tata Steel Ltd Materials 463.8 1.53%              504,491
Wipro Ltd Information Technology 351.2 1.37%              222,541
Hindustan Unilever Ltd Consumer Staples 1765.7 0.90%                29,322
 
Underperformers Sector Price 1D % Chg Volume
ITC Ltd Consumer Staples 277.7 -4.16%              926,480
Power Grid Corp of India Ltd Utilities 186.1 -1.85%              111,432
Infosys Ltd Information Technology 731.45 -1.73%          1,581,820
Mahindra & Mahindra Ltd Consumer Discretionary 696.4 -1.65%                64,213
NTPC Ltd Utilities 140.55 -1.58%                84,301

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