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Dec. 4, 2018, 8:16 a.m. EST

Asian markets take a break a day after big gains

Nikkei snaps 7-day win streak; Chinese stocks manage slim gains

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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 -0.42%   fell more than 2%. Nissan shares /zigman2/quotes/208298710/delayed JP:7201 +1.84%   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 +0.24%   fell around 5% while Kobe Steel /zigman2/quotes/207391157/delayed JP:5406 +0.84%   fell about 6%. Konica Minolta /zigman2/quotes/205772223/delayed JP:4902 -0.65%   was among the biggest gainers.

Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.13%   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 +1.43%   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 +1.09%   and the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 +0.54%   were fractionally higher.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +1.92%   was down 0.8%, as chip makers Samsung /zigman2/quotes/209800866/delayed KR:005930 +4.33%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 +3.31%   each fell more than 2%. Singapore’s Strait Times Index /zigman2/quotes/210597985/delayed SG:STI +1.27%   was off almost 1%, while Taiwan’s Taiex   edged down, with Taiwan Semiconductor c /zigman2/quotes/207385621/delayed TW:2330 +1.74%   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 +0.34%   dropped as the financial sector fell again. Australia & New Zealand Banking Group /zigman2/quotes/205482049/delayed AU:ANZ -0.27%   was down nearly 1%, along with Commonwealth Bank /zigman2/quotes/200638713/delayed AU:CBA -0.50%   and National Bank of Australia /zigman2/quotes/210431826/delayed AU:NAB +0.04%  . 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 +0.48%   slipped.

/zigman2/quotes/210597971/delayed
JP : Nikkei
25,527.37
-106.97 -0.42%
Volume: 0.00
Nov. 20, 2020 3:15p
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/zigman2/quotes/208298710/delayed
JP : Japan: Tokyo
¥ 485.80
+8.80 +1.84%
Volume: 0.00
Nov. 20, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
¥1900.96 billion
Rev. per Employee
¥71.69M
loading...
/zigman2/quotes/208063194/delayed
JP : Japan: Tokyo
¥ 54,550.00
+130.00 +0.24%
Volume: 0.00
Nov. 20, 2020 3:00p
P/E Ratio
15.86
Dividend Yield
2.31%
Market Cap
¥6498.18 billion
Rev. per Employee
¥211.05M
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/zigman2/quotes/207391157/delayed
JP : Japan: Tokyo
¥ 483.00
+4.00 +0.84%
Volume: 0.00
Nov. 20, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
¥175.18 billion
Rev. per Employee
¥45.79M
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/zigman2/quotes/205772223/delayed
JP : Japan: Tokyo
¥ 306.00
-2.00 -0.65%
Volume: 0.00
Nov. 20, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
8.17%
Market Cap
¥151.65 billion
Rev. per Employee
¥22.66M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
26,486.20
+34.66 +0.13%
Volume: 2.25M
Nov. 23, 2020 4:09p
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/zigman2/quotes/202085942/delayed
HK : Hong Kong
HK$ 3.54
+0.05 +1.43%
Volume: 145.76M
Nov. 23, 2020 4:08p
P/E Ratio
10.13
Dividend Yield
6.33%
Market Cap
HK$550.15 billion
Rev. per Employee
HK$7.49M
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,414.49
+36.76 +1.09%
Volume: 37.39B
Nov. 23, 2020 3:01p
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/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
2,301.96
+12.45 +0.54%
Volume: 40.10B
Nov. 23, 2020 3:00p
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,602.59
+49.09 +1.92%
Volume: 1.65M
Nov. 23, 2020 3:30p
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/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
67,500.00
+2,800 +4.33%
Volume: 27.13M
Nov. 23, 2020 3:30p
P/E Ratio
18.43
Dividend Yield
2.10%
Market Cap
₩434219.27 billion
Rev. per Employee
₩2.19B
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/zigman2/quotes/206420319/delayed
KR : S. Korea: KRX
100,000
+3,200 +3.31%
Volume: 4.15M
Nov. 23, 2020 3:30p
P/E Ratio
23.84
Dividend Yield
1.00%
Market Cap
₩66211.38 billion
Rev. per Employee
₩955.63M
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/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
2,848.78
+35.77 +1.27%
Volume: 0.00
Nov. 23, 2020 5:20p
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/zigman2/quotes/207385621/delayed
TW : Taiwan
NT$ 496.50
+8.50 +1.74%
Volume: 38.37M
Nov. 23, 2020 1:30p
P/E Ratio
26.21
Dividend Yield
2.01%
Market Cap
NT$12654.03 billion
Rev. per Employee
NT$20.86M
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
6,561.60
+22.40 +0.34%
Volume: 554,446
Nov. 23, 2020 5:02p
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/zigman2/quotes/205482049/delayed
AU : Australia: Sydney
$ 22.28
-0.06 -0.27%
Volume: 5.08M
Nov. 23, 2020 4:10p
P/E Ratio
18.91
Dividend Yield
2.69%
Market Cap
$63.36 billion
Rev. per Employee
$778,092
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/zigman2/quotes/200638713/delayed
AU : Australia: Sydney
$ 79.60
-0.40 -0.50%
Volume: 1.95M
Nov. 23, 2020 4:10p
P/E Ratio
15.20
Dividend Yield
3.74%
Market Cap
$141.76 billion
Rev. per Employee
$917,769
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/zigman2/quotes/210431826/delayed
AU : Australia: Sydney
$ 22.74
+0.01 +0.04%
Volume: 4.63M
Nov. 23, 2020 4:10p
P/E Ratio
28.35
Dividend Yield
2.64%
Market Cap
$74.66 billion
Rev. per Employee
$763,679
loading...
/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
12,501.74
+59.93 +0.48%
Volume: 0.00
Nov. 23, 2020 5:00p
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