Asian markets mixed as investors process Fed’s outlook

By Marketwatch and Associated Press

Reuters

Tencent shares fell only slightly in Hong Kong on Friday despite a massive drop in quarterly profit.

Asian markets were mixed in early trading Friday, as investors pondered the effects of the U.S. Federal Reserve’s more dovish stance.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK +0.74%   fell 0.2% and Hong Kong’s Hang Seng /zigman2/quotes/210598030/delayed HK:HSI +1.66%   slipped 0.4%. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.40%   dropped 0.5% while South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +1.43%   decline 0.2%. Benchmark indexes in Taiwan  , Singapore /zigman2/quotes/210597985/delayed SG:STI +1.64%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.63%   were up slight. Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.12%   was the region’s biggest gainer, up 0.6%.

Among individual stocks, Fast Retailing /zigman2/quotes/200663563/delayed JP:9983 +0.22%  and Sony /zigman2/quotes/201361720/delayed JP:6758 +0.18%  fell in Tokyo trading, while SoftBank Group /zigman2/quotes/207303954/delayed JP:9984 +0.87%   advanced. Property and casino stocks rose in Hong Kong while PetroChina /zigman2/quotes/204979431/delayed HK:857 +2.55%   and Sunny Optical /zigman2/quotes/206687505/delayed HK:2382 +3.73%   were among the biggest decliners. Tencent /zigman2/quotes/204605823/delayed HK:700 -0.18%   fell only slightly after reporting a worst-ever 32% drop in quarterly profit. Samsung /zigman2/quotes/209800866/delayed KR:005930 +1.65%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 +3.08%   rose in South Korea. Fortescue Metals /zigman2/quotes/202351558/delayed AU:FMG -0.41%  and Beach Energy /zigman2/quotes/200513631/delayed AU:BPT +1.79%   jumped in Australia.

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NIKKEI 225 Index

JP : Nikkei

22,863.73

+167.99 +0.74%

Volume: 0.00

June 5, 2020 3:00p

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Hang Seng Index

HK : Hong Kong Exchange

24,770.41

+404.11 +1.66%

Volume: 2.40M

June 5, 2020 4:08p

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Shanghai Composite Index

CN : China: Shanghai

2,930.80

+11.55 +0.40%

Volume: 21.74B

June 5, 2020 3:01p

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KOSPI Composite Index

KR : Korea Exchange

2,181.87

+30.69 +1.43%

Volume: 854,591

June 5, 2020 3:30p

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FTSE Straits Times Index

SG : Singapore: SGX

2,751.50

+44.30 +1.64%

Volume: 0.00

June 5, 2020 5:20p

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JSX Composite Index

ID : Indonesia Stock Exchange

4,947.78

+31.08 +0.63%

Volume: 0.00

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S&P/ASX 200 Benchmark Index

AU : S&P ASX

5,998.70

+6.90 +0.12%

Volume: 946,415

June 5, 2020 5:15p

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Add to watchlist JP:9983

Fast Retailing Co. Ltd.

JP : Japan: Tokyo

¥ 63,940.00

+140.00 +0.22%

Volume: 969,900

June 5, 2020 3:00p

P/E Ratio

43.87

Dividend Yield

0.75%

Market Cap

¥6512.87 billion

Rev. per Employee

¥40.83M

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Sony Corp.

JP : Japan: Tokyo

¥ 7,280.00

+13.00 +0.18%

Volume: 5.39M

June 5, 2020 3:00p

P/E Ratio

15.80

Dividend Yield

0.62%

Market Cap

¥8866.91 billion

Rev. per Employee

¥72.37M

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SoftBank Group Corp.

JP : Japan: Tokyo

¥ 5,220.00

+45.00 +0.87%

Volume: 21.34M

June 5, 2020 3:00p

P/E Ratio

35.02

Dividend Yield

0.84%

Market Cap

¥10701.90 billion

Rev. per Employee

¥126.96M

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PetroChina Co. Ltd.

HK : Hong Kong

HK$ 2.81

+0.07 +2.55%

Volume: 109.07M

June 5, 2020 4:08p

P/E Ratio

23.36

Dividend Yield

5.59%

Market Cap

HK$501.48 billion

Rev. per Employee

HK$5.32M

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Sunny Optical Technology Group Co. Ltd.

HK : Hong Kong

HK$ 114.00

+4.10 +3.73%

Volume: 9.72M

June 5, 2020 4:08p

P/E Ratio

27.75

Dividend Yield

0.71%

Market Cap

HK$120.54 billion

Rev. per Employee

HK$1.08M

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Tencent Holdings Ltd.

HK : Hong Kong

HK$ 434.20

-0.80 -0.18%

Volume: 26.53M

June 5, 2020 4:08p

P/E Ratio

39.10

Dividend Yield

0.28%

Market Cap

HK$4119.84 billion

Rev. per Employee

HK$8.27M

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Samsung Electronics Co. Ltd.

KR : S. Korea: KRX

₩ 55,500.00

+900.00 +1.65%

Volume: 22.74M

June 5, 2020 3:30p

P/E Ratio

17.71

Dividend Yield

2.55%

Market Cap

₩370880.00 billion

Rev. per Employee

N/A

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SK Hynix Inc.

KR : S. Korea: KRX

₩ 90,400.00

+2,700 +3.08%

Volume: 4.00M

June 5, 2020 3:30p

P/E Ratio

39.68

Dividend Yield

1.11%

Market Cap

₩59986.90 billion

Rev. per Employee

N/A

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Fortescue Metals Group Ltd.

AU : Australia: Sydney

$ 14.54

-0.06 -0.41%

Volume: 9.06M

June 5, 2020 4:10p

P/E Ratio

6.26

Dividend Yield

6.88%

Market Cap

$44.94 billion

Rev. per Employee

N/A

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Beach Energy Ltd.

AU : Australia: Sydney

$ 1.71

+0.03 +1.79%

Volume: 14.61M

June 5, 2020 4:10p

P/E Ratio

6.80

Dividend Yield

1.17%

Market Cap

$3.82 billion

Rev. per Employee

N/A