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 +2.41%   fell more than 2%. Nissan shares /zigman2/quotes/208298710/delayed JP:7201 +1.43%   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 /zigman2/quotes/208063194/delayed JP:7974 +0.80%   fell around 5% while Kobe Steel /zigman2/quotes/207391157/delayed JP:5406 -0.30%   fell about 6%. Konica Minolta /zigman2/quotes/205772223/delayed JP:4902 +1.86%   was among the biggest gainers.

Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +1.54%   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 -0.93%   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 +1.21%   and the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 +2.42%   were fractionally higher.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 -2.80%   was down 0.8%, as chip makers Samsung /zigman2/quotes/209800866/delayed KR:005930 -3.28%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 -4.71%   each fell more than 2%. Singapore’s Strait Times Index /zigman2/quotes/210597985/delayed SG:STI +0.91%   was off almost 1%, while Taiwan’s Taiex   edged down, with Taiwan Semiconductor c /zigman2/quotes/207385621/delayed TW:2330 -4.57%   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 +1.74%   dropped as the financial sector fell again. Australia & New Zealand Banking Group /zigman2/quotes/205482049/delayed AU:ANZ +1.60%   was down nearly 1%, along with Commonwealth Bank /zigman2/quotes/200638713/delayed AU:CBA +3.13%   and National Bank of Australia /zigman2/quotes/210431826/delayed AU:NAB +2.03%  . 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 +0.61%   slipped.

/zigman2/quotes/210597971/delayed

Add to watchlist JP:NIK

NIKKEI 225 Index

JP : Nikkei

29,663.50

+697.49 +2.41%

Volume: 0.00

March 1, 2021 3:15p

/zigman2/quotes/208298710/delayed

Add to watchlist JP:7201

Nissan Motor Co. Ltd.

JP : Japan: Tokyo

¥ 582.90

+8.20 +1.43%

Volume: 9.31M

March 1, 2021 3:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

¥2248.88 billion

Rev. per Employee

¥71.69M

/zigman2/quotes/208063194/delayed

Add to watchlist JP:7974

Nintendo Co. Ltd.

JP : Japan: Tokyo

¥ 65,270.00

+520.00 +0.80%

Volume: 716,000

March 1, 2021 3:00p

P/E Ratio

17.71

Dividend Yield

2.88%

Market Cap

¥7713.22 billion

Rev. per Employee

¥211.05M

/zigman2/quotes/207391157/delayed

Add to watchlist JP:5406

Kobe Steel Ltd.

JP : Japan: Tokyo

¥ 654.00

-2.00 -0.30%

Volume: 3.52M

March 1, 2021 3:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

¥237.93 billion

Rev. per Employee

¥45.79M

/zigman2/quotes/205772223/delayed

Add to watchlist JP:4902

Konica Minolta Inc.

JP : Japan: Tokyo

¥ 549.00

+10.00 +1.86%

Volume: 9.19M

March 1, 2021 3:00p

P/E Ratio

N/A

Dividend Yield

4.55%

Market Cap

¥265.96 billion

Rev. per Employee

¥22.66M

/zigman2/quotes/210598030/delayed

Add to watchlist HK:HSI

Hang Seng Index

HK : Hong Kong Exchange

29,427.89

+447.68 +1.54%

Volume: 2.43M

March 1, 2021 4:02p

/zigman2/quotes/202085942/delayed

Add to watchlist HK:0386

China Petroleum & Chemical Corp.

HK : Hong Kong

HK$ 4.25

-0.04 -0.93%

Volume: 131.56M

March 1, 2021 3:59p

P/E Ratio

12.16

Dividend Yield

5.37%

Market Cap

HK$626.97 billion

Rev. per Employee

HK$7.49M

/zigman2/quotes/210598127/delayed

Add to watchlist CN:SHCOMP

Shanghai Composite Index

CN : China: Shanghai

3,551.40

+42.32 +1.21%

Volume: 31.55B

March 1, 2021 3:01p

/zigman2/quotes/210598015/delayed

Add to watchlist CN:399106

Shenzhen Composite Index

CN : Shenhzen Stock Exchange

2,349.17

+55.48 +2.42%

Volume: 34.50B

March 1, 2021 3:00p

/zigman2/quotes/210598069/delayed

Add to watchlist KR:SEU

KOSPI Composite Index

KR : Korea Exchange

3,012.95

-86.74 -2.80%

Volume: 1.36M

Feb. 26, 2021 3:33p

/zigman2/quotes/209800866/delayed

Add to watchlist KR:005930

Samsung Electronics Co. Ltd.

KR : S. Korea: KRX

₩ 82,500.00

-2,800 -3.28%

Volume: 38.52M

Feb. 26, 2021 3:30p

P/E Ratio

21.48

Dividend Yield

1.72%

Market Cap

₩552413.27 billion

Rev. per Employee

N/A

/zigman2/quotes/206420319/delayed

Add to watchlist KR:000660

SK Hynix Inc.

KR : S. Korea: KRX

₩ 141,500

-7,000 -4.71%

Volume: 10.84M

Feb. 26, 2021 3:30p

P/E Ratio

20.36

Dividend Yield

0.83%

Market Cap

₩96786.26 billion

Rev. per Employee

N/A

/zigman2/quotes/210597985/delayed

Add to watchlist SG:STI

FTSE Straits Times Index

SG : Singapore: SGX

2,975.85

+26.81 +0.91%

Volume: 0.00

March 1, 2021 4:02p

/zigman2/quotes/207385621/delayed

Add to watchlist TW:2330

Taiwan Semiconductor Manufacturing Co. Ltd.

TW : Taiwan

NT$ 606.00

-29.00 -4.57%

Volume: 117.81M

Feb. 26, 2021 1:30p

P/E Ratio

30.34

Dividend Yield

1.65%

Market Cap

NT$15713.81 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

6,789.60

+116.30 +1.74%

Volume: 734,282

March 1, 2021 5:18p

/zigman2/quotes/205482049/delayed

Add to watchlist AU:ANZ

Australia & New Zealand Banking Group Ltd.

AU : Australia: Sydney

$ 26.59

+0.42 +1.60%

Volume: 4.05M

March 1, 2021 4:10p

P/E Ratio

22.57

Dividend Yield

2.26%

Market Cap

$74.22 billion

Rev. per Employee

$778,092

/zigman2/quotes/200638713/delayed

Add to watchlist AU:CBA

Commonwealth Bank of Australia

AU : Australia: Sydney

$ 84.11

+2.55 +3.13%

Volume: 2.48M

March 1, 2021 4:10p

P/E Ratio

18.72

Dividend Yield

2.95%

Market Cap

$144.55 billion

Rev. per Employee

$917,769

/zigman2/quotes/210431826/delayed

Add to watchlist AU:NAB

National Australia Bank Ltd.

AU : Australia: Sydney

$ 25.14

+0.50 +2.03%

Volume: 4.70M

March 1, 2021 4:10p

P/E Ratio

31.35

Dividend Yield

2.39%

Market Cap

$81.10 billion

Rev. per Employee

$763,679

/zigman2/quotes/211587880/delayed

Add to watchlist NZ:NZ50GR

S&P/NZX 50 Gross Index

NZ : New Zealand: NZX

12,301.81

+74.52 +0.61%

Volume: 0.00

March 1, 2021 5:00p