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 +1.49%   fell 0.2% and Hong Kong’s Hang Seng /zigman2/quotes/210598030/delayed HK:HSI +1.42%   slipped 0.4%. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP -0.63%   dropped 0.5% while South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.88%   decline 0.2%. Benchmark indexes in Taiwan  , Singapore /zigman2/quotes/210597985/delayed SG:STI +0.75%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.83%   were up slight. Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.32%   was the region’s biggest gainer, up 0.6%.

Among individual stocks, Fast Retailing /zigman2/quotes/200663563/delayed JP:9983 +1.75%  and Sony /zigman2/quotes/201361720/delayed JP:6758 +2.71%  fell in Tokyo trading, while SoftBank Group /zigman2/quotes/207303954/delayed JP:9984 +2.05%   advanced. Property and casino stocks rose in Hong Kong while PetroChina /zigman2/quotes/204979431/delayed HK:857 +0.74%   and Sunny Optical /zigman2/quotes/206687505/delayed HK:2382 +1.63%   were among the biggest decliners. Tencent /zigman2/quotes/204605823/delayed HK:700 +1.36%   fell only slightly after reporting a worst-ever 32% drop in quarterly profit. Samsung /zigman2/quotes/209800866/delayed KR:005930 +0.34%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 +0.74%   rose in South Korea. Fortescue Metals /zigman2/quotes/202351558/delayed AU:FMG +0.30%  and Beach Energy /zigman2/quotes/200513631/delayed AU:BPT +2.06%   jumped in Australia.

/zigman2/quotes/210597971/delayed

Add to watchlist JP:NIK

NIKKEI 225 Index

JP : Nikkei

23,185.42

+341.46 +1.49%

Volume: 0.00

Aug. 13, 2020 9:08a

/zigman2/quotes/210598030/delayed

Add to watchlist HK:HSI

Hang Seng Index

HK : Hong Kong Exchange

25,244.02

+353.34 +1.42%

Volume: 1.76M

Aug. 12, 2020 4:08p

/zigman2/quotes/210598127/delayed

Add to watchlist CN:SHCOMP

Shanghai Composite Index

CN : China: Shanghai

3,319.27

-21.02 -0.63%

Volume: 37.83B

Aug. 12, 2020 3:01p

/zigman2/quotes/210598069/delayed

Add to watchlist KR:SEU

KOSPI Composite Index

KR : Korea Exchange

2,453.64

+21.29 +0.88%

Volume: 69,432

Aug. 13, 2020 9:08a

/zigman2/quotes/210597985/delayed

Add to watchlist SG:STI

FTSE Straits Times Index

SG : Singapore: SGX

2,563.20

+19.05 +0.75%

Volume: 0.00

Aug. 12, 2020 5:20p

/zigman2/quotes/210597981/delayed

Add to watchlist ID:JAKIDX

JSX Composite Index

ID : Indonesia Stock Exchange

5,233.45

+43.29 +0.83%

Volume: 0.00

Aug. 12, 2020 3:00p

/zigman2/quotes/210598100/delayed

Add to watchlist AU:XJO

S&P/ASX 200 Benchmark Index

AU : S&P ASX

6,151.50

+19.50 +0.32%

Volume: 32,207

Aug. 13, 2020 10:08a

/zigman2/quotes/200663563/delayed

Add to watchlist JP:9983

Fast Retailing Co. Ltd.

JP : Japan: Tokyo

¥ 61,160.00

+1,050 +1.75%

Volume: 58,600

Aug. 13, 2020 9:08a

P/E Ratio

66.15

Dividend Yield

0.78%

Market Cap

¥6087.84 billion

Rev. per Employee

¥40.83M

/zigman2/quotes/201361720/delayed

Add to watchlist JP:6758

Sony Corp.

JP : Japan: Tokyo

¥ 8,691.00

+229.00 +2.71%

Volume: 780,600

Aug. 13, 2020 9:08a

P/E Ratio

16.44

Dividend Yield

0.58%

Market Cap

¥10427.35 billion

Rev. per Employee

¥72.37M

/zigman2/quotes/207303954/delayed

Add to watchlist JP:9984

SoftBank Group Corp.

JP : Japan: Tokyo

¥ 6,319.00

+127.00 +2.05%

Volume: 1.98M

Aug. 13, 2020 9:08a

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

¥12381.66 billion

Rev. per Employee

¥126.96M

/zigman2/quotes/204979431/delayed

Add to watchlist HK:0857

PetroChina Co. Ltd.

HK : Hong Kong

HK$ 2.73

+0.02 +0.74%

Volume: 76.78M

Aug. 12, 2020 4:08p

P/E Ratio

22.69

Dividend Yield

5.81%

Market Cap

HK$860.51 billion

Rev. per Employee

HK$5.32M

/zigman2/quotes/206687505/delayed

Add to watchlist HK:2382

Sunny Optical Technology Group Co. Ltd.

HK : Hong Kong

HK$ 143.20

+2.30 +1.63%

Volume: 6.48M

Aug. 12, 2020 4:08p

P/E Ratio

34.85

Dividend Yield

0.57%

Market Cap

HK$154.55 billion

Rev. per Employee

HK$1.08M

/zigman2/quotes/204605823/delayed

Add to watchlist HK:0700

Tencent Holdings Ltd.

HK : Hong Kong

HK$ 520.50

+7.00 +1.36%

Volume: 18.94M

Aug. 12, 2020 4:08p

P/E Ratio

46.87

Dividend Yield

0.23%

Market Cap

HK$4877.90 billion

Rev. per Employee

HK$8.27M

/zigman2/quotes/209800866/delayed

Add to watchlist KR:005930

Samsung Electronics Co. Ltd.

KR : S. Korea: KRX

₩ 59,200.00

+200.00 +0.34%

Volume: 1.58M

Aug. 13, 2020 9:08a

P/E Ratio

18.89

Dividend Yield

2.39%

Market Cap

₩388832.59 billion

Rev. per Employee

N/A

/zigman2/quotes/206420319/delayed

Add to watchlist KR:000660

SK Hynix Inc.

KR : S. Korea: KRX

₩ 81,600.00

+600.00 +0.74%

Volume: 383,693

Aug. 13, 2020 9:08a

P/E Ratio

24.42

Dividend Yield

1.23%

Market Cap

₩55609.35 billion

Rev. per Employee

N/A

/zigman2/quotes/202351558/delayed

Add to watchlist AU:FMG

Fortescue Metals Group Ltd.

AU : Australia: Sydney

$ 18.19

+0.06 +0.30%

Volume: 672,612

Aug. 13, 2020 10:08a

P/E Ratio

7.83

Dividend Yield

5.50%

Market Cap

$56.57 billion

Rev. per Employee

N/A

/zigman2/quotes/200513631/delayed

Add to watchlist AU:BPT

Beach Energy Ltd.

AU : Australia: Sydney

$ 1.49

+0.03 +2.06%

Volume: 676,052

Aug. 13, 2020 10:07a

P/E Ratio

5.92

Dividend Yield

1.35%

Market Cap

$3.27 billion

Rev. per Employee

N/A