Asian markets take a break a day after big gains

By Dow Jones Newswires

AFP/Getty Images

Customers sit outside a cafe in Hong Kong.

Asian equities were broadly lower Tuesday as a pause may have finally arrived for Japanese stocks.

After gaining in seven straight sessions, the Nikkei /zigman2/quotes/210597971/delayed JP:NIK -0.43%   fell more than 2%. Nissan shares /zigman2/quotes/208298710/delayed JP:7201 -2.14%   fell after a Reuters report said the auto maker’s board will meet to discuss a replacement for former Chairman Carlos Ghosn, who was arrested last week. Elsewhere, Nintendo   fell around 5% while Kobe Steel /zigman2/quotes/207391157/delayed JP:5406 -0.53%   fell about 6%. Konica Minolta /zigman2/quotes/205772223/delayed JP:4902 +0.96%   was among the biggest gainers.

Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -0.68%   moved in volatile fashion but closed with a fresh high that marked the best since late September. Energy stocks fell, with Sinopec /zigman2/quotes/202085942/delayed HK:386 +1.46%   down more than 1.1%. Tech, financials and property shares were also weak while typical safe-haven utilities outperformed.

Both the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.26%   and the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 -0.62%   were fractionally higher.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +1.33%   was down 0.8%, as chip makers Samsung /zigman2/quotes/209800866/delayed KR:005930 +1.93%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 +0.50%   each fell more than 2%. Singapore’s Strait Times Index /zigman2/quotes/210597985/delayed SG:STI +1.17%   was off almost 1%, while Taiwan’s Taiex   edged down, with Taiwan Semiconductor c /zigman2/quotes/207385621/delayed TW:2330 +1.40%   dipping despite an upgrade from Daiwa, which predicted big gains in the chip maker’s AI business by 2020.

Australia’s ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.68%   dropped as the financial sector fell again. Australia & New Zealand Banking Group /zigman2/quotes/205482049/delayed AU:ANZ +1.03%   was down nearly 1%, along with Commonwealth Bank /zigman2/quotes/200638713/delayed AU:CBA +0.01%   and National Bank of Australia /zigman2/quotes/210431826/delayed AU:NAB +0.77%  . Additionally, the Reserve Bank of Australia left interest rates unchanged at their historic low of 1.5%. New Zealand’s NZX-50 /zigman2/quotes/211587880/delayed NZ:NZ50GR +0.06%   slipped.

/zigman2/quotes/210597971/delayed

Add to watchlist JP:NIK

NIKKEI 225 Index

JP : Nikkei

22,418.15

-96.70 -0.43%

Volume: 0.00

Aug. 6, 2020 3:15p

/zigman2/quotes/208298710/delayed

Add to watchlist JP:7201

Nissan Motor Co. Ltd.

JP : Japan: Tokyo

¥ 379.90

-8.30 -2.14%

Volume: 17.09M

Aug. 6, 2020 3:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

¥1546.45 billion

Rev. per Employee

¥85.36M

/zigman2/quotes/207391157/delayed

Add to watchlist JP:5406

Kobe Steel Ltd.

JP : Japan: Tokyo

¥ 375.00

-2.00 -0.53%

Volume: 3.80M

Aug. 6, 2020 3:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

¥134.56 billion

Rev. per Employee

¥52.09M

/zigman2/quotes/205772223/delayed

Add to watchlist JP:4902

Konica Minolta Inc.

JP : Japan: Tokyo

¥ 315.00

+3.00 +0.96%

Volume: 7.41M

Aug. 6, 2020 3:00p

P/E Ratio

N/A

Dividend Yield

7.14%

Market Cap

¥155.01 billion

Rev. per Employee

¥24.45M

/zigman2/quotes/210598030/delayed

Add to watchlist HK:HSI

Hang Seng Index

HK : Hong Kong Exchange

24,932.97

-169.57 -0.68%

Volume: 1.45M

Aug. 6, 2020 3:54p

/zigman2/quotes/202085942/delayed

Add to watchlist HK:0386

China Petroleum & Chemical Corp.

HK : Hong Kong

HK$ 3.48

+0.05 +1.46%

Volume: 167.72M

Aug. 6, 2020 3:54p

P/E Ratio

16.19

Dividend Yield

9.93%

Market Cap

HK$513.93 billion

Rev. per Employee

HK$7.40M

/zigman2/quotes/210598127/delayed

Add to watchlist CN:SHCOMP

Shanghai Composite Index

CN : China: Shanghai

3,386.46

+8.90 +0.26%

Volume: 41.53B

Aug. 6, 2020 3:01p

/zigman2/quotes/210598015/delayed

Add to watchlist CN:399106

Shenzhen Composite Index

CN : Shenhzen Stock Exchange

2,304.52

-14.40 -0.62%

Volume: 53.40B

Aug. 6, 2020 3:00p

/zigman2/quotes/210598069/delayed

Add to watchlist KR:SEU

KOSPI Composite Index

KR : Korea Exchange

2,342.61

+30.75 +1.33%

Volume: 785,176

Aug. 6, 2020 3:32p

/zigman2/quotes/209800866/delayed

Add to watchlist KR:005930

Samsung Electronics Co. Ltd.

KR : S. Korea: KRX

₩ 58,000.00

+1,100 +1.93%

Volume: 21.33M

Aug. 6, 2020 3:30p

P/E Ratio

18.51

Dividend Yield

2.44%

Market Cap

₩383212.92 billion

Rev. per Employee

N/A

/zigman2/quotes/206420319/delayed

Add to watchlist KR:000660

SK Hynix Inc.

KR : S. Korea: KRX

₩ 81,100.00

+400.00 +0.50%

Volume: 3.30M

Aug. 6, 2020 3:30p

P/E Ratio

24.27

Dividend Yield

1.23%

Market Cap

₩55814.55 billion

Rev. per Employee

N/A

/zigman2/quotes/210597985/delayed

Add to watchlist SG:STI

FTSE Straits Times Index

SG : Singapore: SGX

2,562.40

+29.71 +1.17%

Volume: 0.00

Aug. 6, 2020 3:54p

/zigman2/quotes/207385621/delayed

Add to watchlist TW:2330

Taiwan Semiconductor Manufacturing Co. Ltd.

TW : Taiwan

NT$ 435.00

+6.00 +1.40%

Volume: 41.03M

Aug. 6, 2020 1:30p

P/E Ratio

24.80

Dividend Yield

2.30%

Market Cap

NT$11033.38 billion

Rev. per Employee

N/A

/zigman2/quotes/210598100/delayed

Add to watchlist AU:XJO

S&P/ASX 200 Benchmark Index

AU : S&P ASX

6,042.20

+40.90 +0.68%

Volume: 696,467

Aug. 6, 2020 5:11p

/zigman2/quotes/205482049/delayed

Add to watchlist AU:ANZ

Australia & New Zealand Banking Group Ltd.

AU : Australia: Sydney

$ 17.64

+0.18 +1.03%

Volume: 5.29M

Aug. 6, 2020 4:10p

P/E Ratio

12.06

Dividend Yield

12.37%

Market Cap

$49.57 billion

Rev. per Employee

$908,476

/zigman2/quotes/200638713/delayed

Add to watchlist AU:CBA

Commonwealth Bank of Australia

AU : Australia: Sydney

$ 71.71

+0.01 +0.01%

Volume: 2.24M

Aug. 6, 2020 4:10p

P/E Ratio

13.21

Dividend Yield

6.01%

Market Cap

$126.51 billion

Rev. per Employee

$919,022

/zigman2/quotes/210431826/delayed

Add to watchlist AU:NAB

National Australia Bank Ltd.

AU : Australia: Sydney

$ 17.04

+0.13 +0.77%

Volume: 6.93M

Aug. 6, 2020 4:10p

P/E Ratio

14.89

Dividend Yield

6.63%

Market Cap

$56.29 billion

Rev. per Employee

$1.00M

/zigman2/quotes/211587880/delayed

Add to watchlist NZ:NZ50GR

S&P/NZX 50 Gross Index

NZ : New Zealand: NZX

11,764.59

+6.87 +0.06%

Volume: 0.00

Aug. 6, 2020 5:00p