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Asia stocks rally overnight with strong Chinese data buoying sentiment

Mar 01, 2019

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

Japanese Market

  • Japanese stocks rise overnight on strong data from both China and the United States
  • The Nikkei 225 finished up 1.02% and the Topix closed up 0.5%
  • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 1.78x
  • 25 stocks in the Nikkei 225 hit 4-week highs while 8 stocks reached 4-week lows
  • 5 stocks in the Nikkei 225 closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
  • JPY¥ is currently up 0.395% against the USD$ to 111.83
  • Japan 2-Year Government Bonds are lower with yields up 0.7 basis points to -0.145%
  • Japan 10-Year Government Bonds are lower with yields up 1.5 basis points to -0.007%
  • JGBs 2s-10s Spread has widened 0.8 basis points to 0.14%

Chinese Market

  • Chinese stocks rally on better data and news MSCI will increase China's weight significantly in its Emerging Markets Index
  • The Hang Seng closed up 0.63%, Hang Seng China Enterprise advanced 1.23%, and the CSI 300 rose 2.19%
  • MSCI has confirmed it will increase the weight on Chinese stocks in its indexes, with China rising in the MSCI Emerging Markets index to 3.3% from today’s 0.72% 
  • The China Caixin China Manufacturing PMI came in at 49.9, ahead of market forecasts of 48.5 and January’s reading of 48.3.  Greater-than-expected domestic demand was boosted by an increase in infrastructure spending. 
  • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 2.57x
  • 6 stocks in the Hang Seng hit 4-week highs while 0 stocks reached 4-week lows
  • 6 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 7.8487
  • CNY¥ is currently up 0.163% against the USD$ to 6.705
  • 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 lower with yields up 2.6 basis points to 3.204%
  • China Government RMB 2s-10s Spread has widened 1.3 basis points to 0.59%

 

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Australian Market

  • Aussie stocks close at a 5-month high on trade optimism
  • ASX 200 finished up 0.38%
  • Investor sentiment for Aussie stocks finished positive with the advance/decline ratio for the ASX 200 closing at 1.7x
  • 37 stocks in the ASX 200 hit 4-week highs while 11 stocks reached 4-week lows
  • 34 stocks in the ASX 200 closed overbought while 6 stocks closed oversold according to the 16-day RSI Measure
  • AUD$ is currently up 0.296% against the USD$ to 0.7115
  • Aussie 2-Year Government Bonds are lower with yields up 3.9 basis points to 1.732%
  • Australia 10-Year Government Bonds are lower with yields up 4.9 basis points to 2.152%
  • Aussie Government 2s-10s Spread has widened 3.604 basis points to 0.42%

Indian Market

  • Indian stocks rose on hopes of an interest rate cut at the next central bank meeting
  • The Sensex finished up 0.55% and the Nifty 50 closed higher by 0.66%
  • Investor sentiment for Indian stocks finished positive with the advance/decline ratio for the Sensex closing at 4.17x
  • 2 stocks in the Sensex hit 4-week highs while 2 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 0.233% against the USD$ to 70.91
  • India 2-Year Government Bonds are higher with yields down -5.5 basis points to 6.706%
  • India 10-Year Government Bonds are higher with yields down -3.2 basis points to 7.377%
  • India Government 2s-10s Spread has widened 5.733 basis points to 0.67%

Nikkei 225 Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Sumitomo Dainippon Pharma Co Ltd Health Care 2914 6.08%            1,763,700
Nippon Suisan Kaisha Ltd Consumer Staples 761 4.39%            3,680,200
Taiyo Yuden Co Ltd Information Technology 2286 4.29%            4,412,400
TDK Corp Information Technology 9070 4.25%            1,422,400
Advantest Corp Information Technology 2737 4.11%            5,163,500
 
Underperformers Sector Price 1D % Chg Volume
Kawasaki Kisen Kaisha Ltd Industrials 1527 -2.86%                545,900
Showa Denko KK Materials 4030 -2.77%            3,313,900
Sumitomo Chemical Co Ltd Materials 538 -2.54%          12,753,400
Mitsui OSK Lines Ltd Industrials 2552 -2.22%            1,171,900
JFE Holdings Inc Materials 1901 -2.09%            3,574,800

Hong Kong Movers

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

 
Outperformers Sector Price 1D % Chg Volume
China Life Insurance Co Ltd Financials 22.8 5.56%          114,548,557
Geely Automobile Holdings Ltd Consumer Discretionary 15.4 4.61%            62,062,468
China Unicom Hong Kong Ltd Telecommunication Services 9.71 4.30%            82,701,084
Country Garden Holdings Co Ltd Real Estate 10.7 3.09%            41,179,484
China Mengniu Dairy Co Ltd Consumer Staples 25 3.09%            12,392,234
 
Underperformers Sector Price 1D % Chg Volume
Galaxy Entertainment Group Ltd Consumer Discretionary 54.4 -2.42%            20,384,785
CK Asset Holdings Ltd Real Estate 64.1 -1.69%               6,205,753
China Resources Power Holdings Co Ltd Utilities 14.7 -1.34%            12,392,373
CSPC Pharmaceutical Group Ltd Health Care 13.3 -1.04%            24,504,301
Wharf Real Estate Investment Co Ltd Real Estate 54.6 -1.00%               2,732,532

 

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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 8.83 8.34%            3,968,977
Afterpay Touch Group Ltd Information Technology 19.57 6.13%            4,942,296
ARB Corp Ltd Consumer Discretionary 17.84 5.44%                283,055
LendLease Group Real Estate 13.36 4.70%            4,657,555
Infigen Energy Utilities 0.515 4.04%            2,107,621
 
Underperformers Sector Price 1D % Chg Volume
Harvey Norman Holdings Ltd Consumer Discretionary 3.72 -5.53%            4,809,826
Lynas Corp Ltd Materials 1.665 -5.40%            8,620,906
Pilbara Minerals Ltd Materials 0.705 -5.37%          10,199,681
Nufarm Ltd/Australia Materials 5.02 -4.20%          11,895,568
Seven West Media Ltd Communication Services 0.525 -3.67%            4,694,259

Sensex Movers

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

 
Outperformers Sector Price 1D % Chg Volume
Tata Motors Ltd Consumer Discretionary 90.15 2.97%              176,569
IndusInd Bank Ltd Financials 1516.3 2.94%                42,184
Yes Bank Ltd Financials 237.4 2.68%              556,217
Adani Ports & Special Economic Zone Ltd Industrials 333.45 2.49%              135,051
Vedanta Ltd Materials 173.2 2.24%          1,019,151
 
Underperformers Sector Price 1D % Chg Volume
Bharti Airtel Ltd Telecommunications 307.05 -3.43%              176,699
Bajaj Auto Ltd Consumer Discretionary 2862.9 -1.16%                28,503
Asian Paints Ltd Materials 1392.15 -0.92%                85,300
Axis Bank Ltd Financials 703.1 -0.88%              960,464
Reliance Industries Ltd Energy 1226.7 -0.39%              278,816
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