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Oct. 9, 2018, 6:31 a.m. EDT

Nikkei slips, but Chinese stocks bounce back after Monday’s plunge

Hang Seng logs 6th straight day of losses

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By Dow Jones Newswire


AFP/Getty Images
China's Xu Han, left, grabs a rebound against Australia.

Asian markets were mixed Tuesday, with Chinese equities rising while Japanese stock markets, back from a holiday, declined.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK -1.40% dropped 1.3%, though analysts said that was mostly a catch-up reaction to Monday’s widespread regional declines that took place while Japanese markets were closed for a holiday. Electronics were among the biggest decliners as concerns over U.S.-China trade tensions continue to grow and as the yen /zigman2/quotes/210561789/realtime/sampled USDJPY -0.1647% has rebounded since Friday. Sharp /zigman2/quotes/203224600/delayed JP:6753 -2.17% fell more than 5% and Renesas /zigman2/quotes/203872935/delayed JP:6723 -2.20% was down 4.6% amid broad selling. Financials have fallen less, with bond yields remaining up. The 10-year JGB was up a 0.9 basis point at 0.154%.

Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -1.36% was down 0.1%, notching its second six-day losing streak in a month. Tencent /zigman2/quotes/204605823/delayed HK:700 -1.58% hit a 15-month lows in dropping more than 1%. Meanwhile, auto maker Geely /zigman2/quotes/200716015/delayed HK:175 +0.27% skidded 5.2% after its September sales report. But oil heavyweight CNOOC /zigman2/quotes/203421416/delayed HK:883 -1.96%  climbed 2%.

Chinese stocks were mixed after Monday’s steep 4% slides left indexes there near multiyear lows. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.05% rose nearly 0.2% while the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 +1.12% declined 0.1%.

Australia’s ASX 200 /zigman2/quotes/210598100/delayed AU:XJO -0.16% slipped 1%, dragged by financial stocks such as Commonwealth Bank of Australia /zigman2/quotes/200638713/delayed AU:CBA +0.89% . New Zealand’s benchmark /zigman2/quotes/211587880/delayed NZ:NZ50GR +0.52% fell almost as much.

Singapore’s stock benchmark /zigman2/quotes/210597985/delayed SG:STI -0.47% hit a three-week low while Malaysia’s benchmark /zigman2/quotes/210598052/delayed MY:FBMKLCI -0.10% slipped slightly as well. Taiwan’s Taiex gained a bit. South Korean markets were closed for a holiday.

/zigman2/quotes/210597971/delayed
JP : Nikkei
23,193.80
-329.44 -1.40%
Volume: 0.00
Feb. 18, 2020 3:15p
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/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
109.6940
-0.1810 -0.1647%
Volume: 0.0000
Feb. 18, 2020 2:58a
loading...
/zigman2/quotes/203224600/delayed
JP : Japan: Tokyo
¥ 1,490.00
-33.00 -2.17%
Volume: 2.03M
Feb. 18, 2020 3:00p
P/E Ratio
15.22
Dividend Yield
1.68%
Market Cap
¥930.32 billion
Rev. per Employee
¥50.23M
loading...
/zigman2/quotes/203872935/delayed
JP : Japan: Tokyo
¥ 754.00
-17.00 -2.20%
Volume: 9.77M
Feb. 18, 2020 3:00p
P/E Ratio
590.82
Dividend Yield
N/A
Market Cap
¥1318.62 billion
Rev. per Employee
¥36.92M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
27,578.05
-381.55 -1.36%
Volume: 1.32M
Feb. 18, 2020 3:43p
loading...
/zigman2/quotes/204605823/delayed
HK : Hong Kong
HK$ 410.00
-6.60 -1.58%
Volume: 10.87M
Feb. 18, 2020 3:43p
P/E Ratio
39.96
Dividend Yield
0.24%
Market Cap
HK$3947.97 billion
Rev. per Employee
HK$8.27M
loading...
/zigman2/quotes/200716015/delayed
HK : Hong Kong
HK$ 15.10
+0.04 +0.27%
Volume: 39.35M
Feb. 18, 2020 3:42p
P/E Ratio
12.17
Dividend Yield
2.32%
Market Cap
HK$138.61 billion
Rev. per Employee
HK$3.04M
loading...
/zigman2/quotes/203421416/delayed
HK : Hong Kong
HK$ 12.02
-0.24 -1.96%
Volume: 46.48M
Feb. 18, 2020 3:43p
P/E Ratio
8.13
Dividend Yield
6.07%
Market Cap
HK$547.38 billion
Rev. per Employee
HK$13.96M
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,984.97
+1.35 +0.05%
Volume: 31.17B
Feb. 18, 2020 3:01p
loading...
/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
1,856.56
+20.60 +1.12%
Volume: 52.81B
Feb. 18, 2020 3:00p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,113.70
-11.40 -0.16%
Volume: 627,529
Feb. 18, 2020 5:22p
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/zigman2/quotes/200638713/delayed
AU : Australia: Sydney
$ 90.26
+0.80 +0.89%
Volume: 3.82M
Feb. 18, 2020 4:10p
P/E Ratio
16.62
Dividend Yield
4.78%
Market Cap
$158.29 billion
Rev. per Employee
$919,022
loading...
/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
11,935.84
+61.86 +0.52%
Volume: 0.00
Feb. 18, 2020 5:00p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,198.02
-14.98 -0.47%
Volume: 0.00
Feb. 18, 2020 3:43p
loading...
/zigman2/quotes/210598052/delayed
MY : Malaysia
1,535.63
-1.49 -0.10%
Volume: 0.00
Feb. 18, 2020 3:43p
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