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Asian stocks mixed overnight ahead of US-China trade talks and Fed decision

Jan 30, 2019

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

Japanese Market

  • Japanese stocks closed lower, with concerns over trade and anticipation of the Fed's announcement on asset purchases going forward weighing on sentiment
  • The Nikkei 225 finished down 0.52% and the Topix closed down 0.41%
  • The US Federal Reserve (US Fed) is set to release a decision on interest rates today.  The announcement will be made at 2pm EST with Fed Funds futures currently pricing in no probability of a rate hike. 
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.32x
  • 12 stocks in the Nikkei 225 hit 4-week highs while 5 stocks reached 4-week lows
  • 0 stocks in the Nikkei 225 closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently little changed against the USD$ at 109.41
  • Japan 2-Year Government Bonds are higher with yields down -0.3 basis points to -0.158%
  • Japan 10-Year Government Bonds are higher with yields down -0.4 basis points to 0.005%
  • JGBs 2s-10s Spread has narrowed 0.1 basis points to 0.16

Chinese Market

  • Chinese stocks were mixed overnight ahead of the Fed decision and start to US-China trade talks today
  • The Hang Seng closed up 0.4%, Hang Seng China Enterprise advanced 0.27%, and the CSI 300 retreated 0.8%
  • Investor sentiment for Hong Kong stocks finished neutral with the advance/decline ratio for the Hang Seng closing at 1.17x
  • 8 stocks in the Hang Seng hit 4-week highs while 1 stock reached 4-week lows
  • 7 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 7.8445
  • CNY¥ is currently down 0.273% against the USD$ to 6.717
  • China RMB 2-Year Government Bonds are lower with yields up 1.3 basis points to 2.613%
  • China RMB 10-Year Government Bonds are higher with yields down -0.2 basis points to 3.135%
  • China Government RMB 2s-10s Spread has narrowed 1.5 basis points to 0.52%

 

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Australian Market

  • Aussie stocks closed higher, helped by miners boosted by higher iron ore prices in the wake of the dam accident at Vale's (VALE)  mine in Brazil
  • ASX 200 finished up 0.21%
  • Investor sentiment for Aussie stocks finished negative with the advance/decline ratio for the ASX 200 closing at 0.94x
  • 49 stocks in the ASX 200 hit 4-week highs while 8 stocks reached 4-week lows
  • 18 stocks in the ASX 200 closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.643% against the USD$ to 0.7201
  • Aussie 2-Year Government Bonds are lower with yields up 3.2 basis points to 1.793%
  • Australia 10-Year Government Bonds are lower with yields up 0.9 basis points to 2.241%
  • Aussie Government 2s-10s Spread has narrowed 2.557 basis points to 0.45%

Indian Market

  • Indian stocks rose 0.7% then fell 0.3% to finally close flat
  • The Sensex finished down 0% and the Nifty 50 closed lower by 0%
  • Investor sentiment for Indian stocks finished negative with the advance/decline ratio for the Sensex closing at 0.94x
  • 2 stocks in the Sensex hit 4-week highs while 10 stocks reached 4-week lows
  • 0 stocks in the Sensex closed overbought while 6 stocks closed oversold according to the 16-day RSI Measure
  • INR₹ is currently little changed against the USD$ at 71.1212
  • India 2-Year Government Bonds are lower with yields up 0.2 basis points to 6.966%
  • India 10-Year Government Bonds are lower with yields up 0.5 basis points to 7.325%
  • India Government 2s-10s Spread has widened 0.184 basis points to 0.36%

Nikkei 225 Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
Taiyo Yuden Co Ltd Information Technology 1847 4.23%            8,980,200
Asahi Group Holdings Ltd Consumer Staples 4545 3.93%            2,857,300
IHI Corp Industrials 3400 2.41%            1,205,300
Marubeni Corp Industrials 840.8 2.22%            8,189,800
SUMCO Corp Information Technology 1502 2.18%          16,991,600
 
Underperformers Sector Price 1D % Chg Volume
Sumitomo Dainippon Pharma Co Ltd Health Care 3065 -18.59%            1,023,600
Daiwa Securities Group Inc Financials 538.2 -6.22%          17,164,800
Alps Electric Co Ltd Information Technology 2199 -3.04%            5,820,000
NEC Corp Information Technology 3410 -2.99%            1,310,800
Tokyo Electric Power Co Holdings Inc Utilities 727 -2.94%          23,101,700

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Country Garden Holdings Co Ltd Real Estate 10.8 4.87%          101,843,441
China Resources Land Ltd Real Estate 30.6 3.56%            24,381,782
China Overseas Land & Investment Ltd Real Estate 29 2.66%            26,691,687
China Petroleum & Chemical Corp Energy 6.58 2.49%          143,946,581
China Mengniu Dairy Co Ltd Consumer Staples 25 2.25%            11,596,056
 
Underperformers Sector Price 1D % Chg Volume
AAC Technologies Holdings Inc Information Technology 47.9 -2.04%               7,118,864
China Life Insurance Co Ltd Financials 18.9 -1.87%          112,258,554
Sunny Optical Technology Group Co Ltd Information Technology 74.7 -1.58%               5,745,188
Want Want China Holdings Ltd Consumer Staples 6.16 -1.28%            15,779,692
Sino Land Co Ltd Real Estate 13.9 -1.28%               8,935,910

 

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ASX 200 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Bellamy's Australia Ltd Consumer Staples 8.39 9.67%            2,358,070
Fortescue Metals Group Ltd Materials 5.42 7.75%          70,644,673
Pilbara Minerals Ltd Materials 0.67 5.51%          12,560,130
Rio Tinto Ltd Materials 87.3 4.51%            6,375,164
Northern Star Resources Ltd Materials 8.64 4.10%            6,364,823
 
Underperformers Sector Price 1D % Chg Volume
Newcrest Mining Ltd Materials 24.34 -9.57%            4,520,625
GUD Holdings Ltd Consumer Discretionary 11.1 -9.02%                968,907
Credit Corp Group Ltd Financials 21.26 -6.67%                260,402
Webjet Ltd Consumer Discretionary 11.94 -5.54%                584,473
Qantas Airways Ltd Industrials 5.59 -5.09%          15,180,415

Sensex Movers

In local currency.
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Outperformers Sector Price 1D % Chg Volume
ICICI Bank Ltd Financials 365.25 5.29%          4,618,326
Tata Steel Ltd Materials 467.6 5.14%              504,491
Axis Bank Ltd Financials 690.9 4.56%              960,464
State Bank of India Financials 287.5 2.40%          3,477,241
Larsen & Toubro Ltd Industrials 1295.3 1.35%              105,946
 
Underperformers Sector Price 1D % Chg Volume
Adani Ports & Special Economic Zone Ltd Industrials 338.35 -2.76%              135,051
Bajaj Auto Ltd Consumer Discretionary 2498.85 -2.65%                28,503
Kotak Mahindra Bank Ltd Financials 1221.5 -2.35%                96,262
Housing Development Finance Corp Ltd Financials 1885.5 -1.74%              100,547
Yes Bank Ltd Financials 199.4 -1.58%              556,217