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Sept. 3, 2018, 5:03 a.m. EDT

Asian markets take a step back to start September

Nikkei down; indexes in China, Hong Kong continue to slump

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By Dow Jones Newswire


Getty Images/iStockphoto
Crowds of people at the famous Shibuya Crossing in Tokyo.

Asian stock markets started September lower on Monday, as trade-war fears increased after the U.S. and Canada missed a deal deadline set for Friday and uncertainty rose about escalating tariffs between the U.S. and China.

U.S. markets will be closed for the Labor Day holiday, but S&P 500 futures   were up about 0.3%.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK +1.04% closed down 0.7% even with the yen /zigman2/quotes/210561789/realtime/sampled USDJPY -0.1972% little changed from Friday’s end-of-day levels in Tokyo. Steel and energy names were among the biggest laggards, with crude explorer Inpex /zigman2/quotes/206689846/delayed JP:1605 +2.13%   and Nippon Steel & Sumitomo Metal /zigman2/quotes/209782682/delayed JP:5401 +3.69%   both down more than 1%. Meanwhile, Renesas Electronics /zigman2/quotes/203872935/delayed JP:6723 -0.78% tumbled 6.4% following news it is in the late stages of talks to possibly buy California-based Integrated Device Technology Inc. for about $6 billion. Sony Corp. /zigman2/quotes/201361720/delayed JP:6758 +0.64%   and Toyota Motor Corp. /zigman2/quotes/203803129/delayed JP:7203 +1.07%  also logged declines of more than 1%.

Chinese stocks, already hit last week, continued to slump. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP -2.34%   finished down 0.2%, and the Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 -2.28%   was also off 0.2%. Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -4.13%  shed 0.6%, as Tencent Holdings Ltd. /zigman2/quotes/204605823/delayed HK:700 -7.72%  dropped an additional 2.1% following the Chinese government’s crackdown last week on online games.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 -0.91% slipped 0.7% as index heavyweights Samsung Electronics Co. /zigman2/quotes/209800866/delayed KR:005930 -0.63%   and Posco /zigman2/quotes/201759282/delayed KR:005490 +0.14%   fell more than 2% each.

New Zealand’s NZX 50 /zigman2/quotes/211587880/delayed NZ:NZ50GR -0.50% ended off 0.6%, with Fisher & Paykel /zigman2/quotes/205747631/delayed NZ:FPH -0.61% sliding 3.9% after the medical-device firm was slapped with a patent-infringement lawsuit. Australia’s ASX 200 /zigman2/quotes/210598100/delayed AU:XJO -0.0014% finished lower by 0.1%.

Benchmarks in Taiwan  , Singapore /zigman2/quotes/210597985/delayed SG:STI -0.57%   and Malaysia /zigman2/quotes/210598052/delayed MY:FBMKLCI -0.72%  were down between about 0.2% and 0.9%.

/zigman2/quotes/210597971/delayed
JP : Nikkei
27,833.29
+285.29 +1.04%
Volume: 0.00
July 26, 2021 3:15p
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/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
110.3310
-0.2180 -0.1972%
Volume: 0.0000
July 26, 2021 10:10a
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/zigman2/quotes/206689846/delayed
JP : Japan: Tokyo
¥ 766.00
+16.00 +2.13%
Volume: 11.42M
July 26, 2021 3:00p
P/E Ratio
N/A
Dividend Yield
4.31%
Market Cap
¥1095.15 billion
Rev. per Employee
¥243.77M
loading...
/zigman2/quotes/209782682/delayed
JP : Japan: Tokyo
¥ 1,812.00
+64.50 +3.69%
Volume: 8.24M
July 26, 2021 3:00p
P/E Ratio
N/A
Dividend Yield
4.14%
Market Cap
¥1609.02 billion
Rev. per Employee
¥45.46M
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/zigman2/quotes/203872935/delayed
JP : Japan: Tokyo
¥ 1,147.00
-9.00 -0.78%
Volume: 10.62M
July 26, 2021 3:00p
P/E Ratio
42.07
Dividend Yield
N/A
Market Cap
¥2233.65 billion
Rev. per Employee
¥38.16M
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/zigman2/quotes/201361720/delayed
JP : Japan: Tokyo
¥ 10,975.00
+70.00 +0.64%
Volume: 3.53M
July 26, 2021 3:00p
P/E Ratio
11.71
Dividend Yield
0.55%
Market Cap
¥13513.78 billion
Rev. per Employee
¥83.01M
loading...
/zigman2/quotes/203803129/delayed
JP : Japan: Tokyo
¥ 9,829.00
+104.00 +1.07%
Volume: 3.94M
July 26, 2021 3:00p
P/E Ratio
12.37
Dividend Yield
2.44%
Market Cap
¥27190.60 billion
Rev. per Employee
¥74.30M
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,467.44
-82.96 -2.34%
Volume: 44.29B
July 26, 2021 3:01p
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/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
2,411.81
-56.33 -2.28%
Volume: 51.18B
July 26, 2021 3:00p
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
26,192.32
-1,130 -4.13%
Volume: 2.70M
July 26, 2021 4:08p
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/zigman2/quotes/204605823/delayed
HK : Hong Kong
$ 490.00
-41.00 -7.72%
Volume: 82.29M
July 26, 2021 4:08p
P/E Ratio
23.07
Dividend Yield
0.33%
Market Cap
$5039.74 billion
Rev. per Employee
$10.55M
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
3,224.95
-29.47 -0.91%
Volume: 826,066
July 26, 2021 3:30p
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/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
78,800.00
-500.00 -0.63%
Volume: 10.04M
July 26, 2021 3:30p
P/E Ratio
18.92
Dividend Yield
1.83%
Market Cap
₩533556.83 billion
Rev. per Employee
₩2.16B
loading...
/zigman2/quotes/201759282/delayed
KR : S. Korea: KRX
354,000
+500.00 +0.14%
Volume: 529,527
July 26, 2021 3:30p
P/E Ratio
12.31
Dividend Yield
2.68%
Market Cap
₩26733.64 billion
Rev. per Employee
₩3.22B
loading...
/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
12,673.23
-63.09 -0.50%
Volume: 0.00
July 26, 2021 5:00p
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/zigman2/quotes/205747631/delayed
NZ : New Zealand: NZX
$ 32.45
-0.20 -0.61%
Volume: 759,895
July 26, 2021 5:00p
P/E Ratio
35.84
Dividend Yield
1.17%
Market Cap
$18.82 billion
Rev. per Employee
$282,471
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,394.30
-0.10 -0.0014%
Volume: 548,085
July 26, 2021 5:33p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,138.97
-18.08 -0.57%
Volume: 0.00
July 26, 2021 5:20p
loading...
/zigman2/quotes/210598052/delayed
MY : Malaysia
1,512.53
-10.91 -0.72%
Volume: 0.00
July 26, 2021 5:05p
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