blog

Latest from the Quantamize Blog

Asian and Australian Stocks While You Were Sleeping

Jul 16, 2018

Asian & Australian Markets

  • Sentiment across Asian equity markets was mostly negative today, as tepid data out of China has increased concerns about slowing economic growth. Volume across Asia/Pacific was lighter than usual, with Japanese market closed

Japanese Stock Market

  • Japanese equity markets were closed for Marine Day, a day in which Japan shows appreciation for the seas and oceans

Chinese Stock Market

  • Chinese and Hong Kong stocks were mixed, with the Hang Seng +0.05%, the CSI 300 -0.59%, and the Shanghai Composite -0.61%
  • Consumer discretionary (+1.27%), utilities (+0.66%), and energy stocks (+0.47%) were the biggest outperformers in the Hang Seng
  • Health care (-0.88%), real estate (-0.52%), and consumer staples stocks (-0.40%) were the most significant decliners
  • Market breadth for the Hang Seng was negative with 27 stocks declining while 19 stocks advanced
  • Volume in the Hang Seng was 39.21% below its 10-day average
  • China’s growth in 2Q2018 GDP was in-line with expectations (+6.7% Y/Y vs +6.7% Y/Y consensus) but was lower than in 1Q2018 (+6.8% Y/Y growth). Industrial production in June was less robust than forecasted (+6.0% Y/Y vs +6.5% Y/Y estimated), while retail sales matched expectations (+9.0% Y/Y vs +9.0% Y/Y projected)

Indian Stock Market

  • Indian stocks were broadly in the red, with the Sensex -0.60% and the Nifty 50 -0.74%
  • Market breadth for the Sensex was notably negative with only 9 out of 31 stocks finishing higher
  • Volume across Indian equity markets was 4.00% above its 10-day average

Australian Stock Market

  • Aussie stocks closed lower, with the ASX 200 -0.43%
  • Health care (-1.89%), real estate (-0.81%), and materials stocks (-0.68%) were the biggest underperformers in the ASX 200
  • Telecommunications (+1.32%), consumer staples (+0.65%), and utilities stocks (+0.20%) were the best performers
  • Market breadth for ASX 200 was negative with 82 stocks declining and 96 stocks advancing
  • Volume across Australian equity markets was 5.18% below its 10-day average

Highlights from the Asian and Australian Bond Market

  • Indian sovereign treasuries are lower today, with the yield on India’s 10-year up 1.4 basis points to 7.801%
  • Hong Kong 10-year bonds are higher today, as the yield on Hong Kong’s 10-year has fallen 1.7 basis points to 2.043%
  • Aussie treasuries are selling off, with the yield on Australia’s 10-year up 0.6 basis points to 2.632%

What is Going on with Asian and Australian Currencies?

  • AUD$ is 0.07% stronger, to AUD$/USD$ -- 0.7428
  • JPY¥ is up 0.04%, to JPY¥/USD$ -- 0.0089
  • INR is down 0.06%, to INR/USD$ -- 0.0145
  • CNY¥ is 0.19% higher, to CNY¥/USD$ -- 0.1497

*Data in Price Return; Source: Stockdio

Hang Seng Movers

In local currency.

On Mobile/Tablet scroll to the right.

Outperformers Ticker Price Chg % Chg Volume
Galaxy Entertainment Group Ltd SEHK: 27  64.75 1.70 2.70% 11.64M
China Resources Land Ltd SEHK: 1109 27.25 0.50 1.87% 22.24M
AAC Technologies Holdings Inc SEHK: 2018 110.10 1.80 1.66% 3.63M
Sands China Ltd SEHK: 1928 41.80 0.55 1.33% 8.66M
CLP Holdings Ltd SEHK: 2  88.45 1.00 1.14% 2.89M

 

Underperformers Ticker Price Chg % Chg Volume
Country Garden Holdings Co Ltd SEHK: 2007 12.74 -0.28 -2.15% 45.03M
Link REIT SEHK: 823  74.45 -1.00 -1.33% 2.00M
Hengan International Group Co Ltd SEHK: 1044 74.80 -0.85 -1.12% 2.31M
CSPC Pharmaceutical Group Ltd SEHK: 1093 22.65 -0.20 -0.88% 27.52M
Henderson Land Development Co Ltd SEHK: 12  41.25 -0.35 -0.84% 2.42M


Sensex Movers

In local currency.

On Mobile/Tablet scroll to the right.

Outperformers Ticker Price Chg % Chg Volume
NTPC Ltd NSEI:NTPC 155.70 3.00 1.96% 122.64k
Infosys Ltd NSEI:INFY 1333.05 23.95 1.83% 959.43k
Housing Development Finance Corp Ltd BSE:500010 1991.55 18.65 0.95% 34.25k
Wipro Ltd BSE:507685 283.10 2.40 0.86% 254.68k
Hindustan Unilever Ltd BSE:500696 1753.85 12.70 0.73% 108.41k

 

Underperformers Ticker Price Chg % Chg Volume
Tata Steel Ltd BSE:500470 519.30 -38.85 -6.96% 1.13M
Tata Motors Ltd BSE:500570 142.75 -7.55 -5.02% 221.38k
Sun Pharmaceutical Industries Ltd NSEI:SUNPHARMA 532.95 -26.20 -4.69% 459.53k
Bharti Airtel Ltd BSE:532454 346.20 -11.85 -3.31% 102.08k
ICICI Bank Ltd NSEI:ICICIBANK 259.30 -8.75 -3.26% 918.50k

 

ASX 200 Movers

In local currency.

On Mobile/Tablet scroll to the right.

Outperformers Ticker Price Chg % Chg Volume
G8 Education Ltd ASX: GEM 2.51 0.13 5.46% 4.80M
Inghams Group Ltd ASX: ING 3.92 0.17 4.53% 1.25M
Sigma Healthcare Ltd ASX: SIG 0.50 0.02 4.21% 6.41M
Metcash Ltd ASX: MTS 2.58 0.10 4.03% 4.08M
Bega Cheese Ltd ASX: BGA 7.57 0.26 3.56% 730.37k

 

Underperformers Ticker Price Chg % Chg Volume
Orocobre Ltd ASX: ORE 5.36 -0.27 -4.80% 612.07k
Evolution Mining Ltd ASX: EVN 3.17 -0.14 -4.23% 7.13M
Pilbara Minerals Ltd ASX: PLS 1.03 -0.05 -4.21% 9.44M
Western Areas Ltd ASX: WSA 3.48 -0.15 -4.13% 2.78M
Mineral Resources Ltd ASX: MIN 15.53 -0.51 -3.18% 934.92k