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 -0.42%   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

Add to watchlist JP:NIK

NIKKEI 225 Index

JP : Nikkei

25,527.37

-106.97 -0.42%

Volume: 0.00

Nov. 20, 2020 3:15p

/zigman2/quotes/208298710/delayed

Add to watchlist JP:7201

Nissan Motor Co. Ltd.

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

/zigman2/quotes/208063194/delayed

Add to watchlist JP:7974

Nintendo Co. Ltd.

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

/zigman2/quotes/207391157/delayed

Add to watchlist JP:5406

Kobe Steel Ltd.

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

/zigman2/quotes/205772223/delayed

Add to watchlist JP:4902

Konica Minolta Inc.

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

/zigman2/quotes/210598030/delayed

Add to watchlist HK:HSI

Hang Seng Index

HK : Hong Kong Exchange

26,486.20

+34.66 +0.13%

Volume: 2.25M

Nov. 23, 2020 4:09p

/zigman2/quotes/202085942/delayed

Add to watchlist HK:0386

China Petroleum & Chemical Corp.

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

/zigman2/quotes/210598127/delayed

Add to watchlist CN:SHCOMP

Shanghai Composite Index

CN : China: Shanghai

3,414.49

+36.76 +1.09%

Volume: 37.39B

Nov. 23, 2020 3:01p

/zigman2/quotes/210598015/delayed

Add to watchlist CN:399106

Shenzhen Composite Index

CN : Shenhzen Stock Exchange

2,301.96

+12.45 +0.54%

Volume: 40.10B

Nov. 23, 2020 3:00p

/zigman2/quotes/210598069/delayed

Add to watchlist KR:SEU

KOSPI Composite Index

KR : Korea Exchange

2,602.59

+49.09 +1.92%

Volume: 1.65M

Nov. 23, 2020 3:30p

/zigman2/quotes/209800866/delayed

Add to watchlist KR:005930

Samsung Electronics Co. Ltd.

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

/zigman2/quotes/206420319/delayed

Add to watchlist KR:000660

SK Hynix Inc.

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

/zigman2/quotes/210597985/delayed

Add to watchlist SG:STI

FTSE Straits Times Index

SG : Singapore: SGX

2,848.78

+35.77 +1.27%

Volume: 0.00

Nov. 23, 2020 5:20p

/zigman2/quotes/207385621/delayed

Add to watchlist TW:2330

Taiwan Semiconductor Manufacturing Co. Ltd.

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

/zigman2/quotes/210598100/delayed

Add to watchlist AU:XJO

S&P/ASX 200 Benchmark Index

AU : S&P ASX

6,561.60

+22.40 +0.34%

Volume: 554,446

Nov. 23, 2020 5:02p

/zigman2/quotes/205482049/delayed

Add to watchlist AU:ANZ

Australia & New Zealand Banking Group Ltd.

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

/zigman2/quotes/200638713/delayed

Add to watchlist AU:CBA

Commonwealth Bank of Australia

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

/zigman2/quotes/210431826/delayed

Add to watchlist AU:NAB

National Australia Bank Ltd.

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

/zigman2/quotes/211587880/delayed

Add to watchlist NZ:NZ50GR

S&P/NZX 50 Gross Index

NZ : New Zealand: NZX

12,501.74

+59.93 +0.48%

Volume: 0.00

Nov. 23, 2020 5:00p