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Hong Kong Stocks rebound from 3-month low
Nov 15,2016

The Hong Kong stock market closed higher for the first time last three sessions on Tuesday, 15 November 2016, as the US dollar retreated from recent highs and the Shenzhen Hong Kong Stock Connect prepared for its debut. Market gains were led by strong performances from health and personal care stocks, and insurance stocks. The Hang Seng Index ended the day up 0.46% or 101.69 points at 22,323.91 while the Hang Seng China Enterprises Index jumped 0.59% or 55.23 points to 9,398.10. Turnover decreased to HK$69.5 billion from HK$80.7 billion on Monday.

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China Stocks slip on profit booking
Nov 15,2016

Mainland China stock market closed down on Tuesday, 15 November 2016, snapping a three-day winning streak, as investors took profits in resource stocks after a slump in the countrys commodity futures market. Sectors were mixed, with materials and infrastructures lost ground, while gains were seen in properties and consumers. The benchmark Shanghai Composite Index declined 0.11% to close at 3,206.99 points. The CSI 300 index closed marginal 0.01% down at 3,429.87 points.

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Japan Stocks closed mixed
Nov 15,2016

The Japan share market ended edge below neutral line on Tuesday, 15 November 2016, with investors locking in profits after the benchmark gauge ended the previous day at a nine-month high. 21 out of 33 TSE industry categories closed in positive territory, led by Banks, Warehousing & Harbor Transportation Services, Pharmaceutical, and Mining stocks, while Pulp & Paper, Marine Transportation, and Transportation stocks were notable losers. The 225-issue Nikkei Stock Average fell 4.47 points, or 0.03%, to 17,668.15, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange jumped 2.98 points, or 0.21%, to end at 1,402.98.

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Australia Stocks end just a shade lower
Nov 15,2016

Australian share market finished session just a shade lower on Tuesday, 15 November 2016, recouping some early losses after positive remarks on the economy from the Reserve Bank of Australia offset risk aversion. In the minutes of its November policy meeting, Australias central bank said it expects core inflation to pick up gradually amid surging prices for key commodity exports and an economy running near potential, implying it might be done cutting interest rates this cycle. The ASX sectors closed mixed, with materials and healthcare issues underperformed other sectors, offsetting gains in energy sector. At the closing bell, the benchmark S&P/ASX 200 index declined 19.50 points, or 0.36%, to 5,326.20, while the broader All Ordinaries index decreased 20.50 points, or 0.38%, to 5,399.80.

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Asia Pacific Market: Stocks closed mixed
Nov 11,2016

Asia Pacific share market closed mixed on Friday, 11 November 2016, after paring early gains inspired by record-breaking advance of the Dow Jones industrial average overnight, supported by hopes for U.S. policies under U.S. President-elect Donald Trump.

A sudden spike in US bond yields to a 10-month high rattled emerging equity markets today, 11 November 2016. Donald Trump was declared as the 45th President of the United States on Wednesday, 9 November 2016. US bond yields have surged after Trumps election on worries his policies stance - from protectionism and fiscal expansion - will boost inflation and lead the Federal Reserve to raise interest rates more than expected. Investors fear that higher interest rates in the US will spark capital outflows from the emerging equity markets.

The Dow Jones Industrial Average hit a record high overnight on Thursday, driven by a rally in bank stocks after a statement on Donald Trumps transition website talked of dismantling the Dodd-Frank law, financial sector regulations which came in place in the wake of the global financial crisis. Also adding to strength was expectations for U.S. economic policies under a Trump administration following his victory in the presidential election on Tuesday continued supporting the market.

Among Asian bourses

Australia Stocks incline for second straight day

Australian share market inclined for second successive session, on the back positive lead from Wall Street overnight and jump in commodity prices including iron ore. Most sectors on the ASX closed higher, with financial, materials, and energy sectors registering the biggest gains. At the closing bell, the benchmark S&P/ASX 200 index inclined 41.90 points, or 0.79%, to 5,370.70, while the broader All Ordinaries index increased 37.70 points, or 0.7%, to 5,446.60.

Shares of materials sector, which includes mining stocks, surged on hopes commodity prices would benefit from Mr Trumps infrastructure spending plans. Iron ore futures continued to rally on Friday, rising another 6% after the spot price shot above $US74 a tonne, its highest point since November 2014, on the prospect of a big infrastructure spending program in US under President-elect Donald Trump and increased Chinese demand. BHP Billiton gained 1.1% to A$24.94, Rio Tinto rose 2.4% to A$59.55, and pure iron ore miner Fortescue Metals Group soared 4.5% to A$6.28.

The bank stocks were also beneficiaries, on following Wall Streets major lenders higher on news that one of Trumps first orders of business would be to dismantle the Dodd-Frank law which was introduced by the Obama administration to increase the regulation in the financial sector following the global financial crisis. Westpac was up 3.1% to A$31.91, National Australia Bank 4.2% to A$27.80, Australia & New Zealand Banking Group 2.6% to A$28.30, and Commonwealth Bank of Australia 3.4% to A$75.78.

Shares of gold producers fell, on tracking fall in bullion prices. Gold hit the lowest levels in over three weeks on Friday, weighed down by rising bond yields and a firm dollar due to inflation fears from the prospect of a splurge of U.S. infrastructure spending. Spot gold was down 0.3% at $1,255.85 an ounce, paring losses after hitting $1,250.70, the weakest since Oct. 17. It has declined over 3% so far this week. Newcrest Mining, Australias largest producer was off 7.3% to A$22.47, Perseus Mining 9.2% to A$0.59, and Kingsgate 9.2% to A$0.59.

Nikkei extends gain on softer yen

The Japan share market inclined for second straight session, supported by yen depreciation to mid 106-level against greenback and hopes Trump administration will boost spending and spur U.S. economic growth. 18 out of 33 TSE industry categories closed in positive territory, led by Insurance, Banks, Nonferrous Metals, Securities & Commodities Futures, and Iron & Steel stocks, while Information & Communication, Fishery, Agriculture & Forestry, Retail Trade, and Electric Power & Gas were notable losers. The 225-issue Nikkei Stock Average rose 30.37 points, or 0.18%, to 17,374.79, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange jumped 1.93 points, or 0.14%, to end at 1,378.28. Banking issues gained, mirroring advances made on Wall Streets major lenders on news that one of Trumps first orders of business would be to dismantle the Dodd-Frank law which was introduced by the Obama administration to increase the regulation in the financial sector following the global financial crisis. overnight on hopes for eased regulations. Mitsubishi UFJ Financial Group leapt 13.4% to 608 yen and Sumitomo Mitsui Financial Group jumped 4.1% to 3,792 yen. Nomura Holdings Inc. surged 5.1% to 564 yen.

Export related stocks jumped on tracking yen depreciation against US dollar, with Komatsu surging 5% to 2,534 yen, Honda Motor added 0.6% to 2,999 yen, and Toyota Motor Corp added 2% to 5952 yen.

China Stocks gain to fresh 10-months high

Mainland China stock market closed at fresh 10-months high, on tracking gains in global market, supported by hopes for U.S. policies under U.S. President-elect Donald Trump. All major sectors gained, led by metal producers and construction companies. The benchmark Shanghai Composite Index grew 0.78% to close at 3,196.04 points, taking its advance from its Jan. 28 low to more than 20%. The CSI 300 index closed marginal 0.01% down at 3,390.25 points.

China market registered fifth consecutive week of gains, after rising more than 1.5% this week on growing conviction that Chinas economy is stabilizing. Chinese markets have been driven up by positive sentiment on the back of positive economic data and the upcoming launch of the Shenzhen-Hong Kong stock connect which is due to begin later this month.

Industrial metals rallied, especially copper, zinc and lead, as investors bet on sectors that may benefit from U.S. President-election Donald Trumps pledge to increase infrastructure spending. An index tracking raw material shares rose over 2% and an index tracking infrastructure added 1.5%.

Hong Kong Stocks fall on fears of weak GDP

The Hong Kong stock market closed down, shrugging off global lead, on fears of weak GDP after reports city economic growth likely to slow in the third quarter from the second, with weak exports, sluggish retail sales and falling tourist arrivals. The economy was expected to grow 0.3% for the third quarter from the second, according to the median estimate of economists in a poll. From a year earlier, growth was forecast at 1.6%. Gross domestic product grew a seasonally adjusted 1.6% in the second quarter from the first, and 1.7% from a year earlier, the Special Administrative Region (SAR) government said in August. The Hang Seng Index declined 1.35% or 308.02 points to 22531.09, while the Hang Seng China Enterprises Index dropped 1.18% or 112.48 points to 9433.37. Turnover increased to HK$94.3 billion from HK$71.9 billion on Thursday.

Market talks circulated that the authorities may announce launch date for the Shenzhen-HK Connect program today after market close. HKEx (00388) rose 0.7% to HK$206.2. Bright Smart (01428) soared 3.6% to HK$3.45. CGS (06881) added 2% to HK$7.65. CITIC Sec (06030) gained 1.6% to HK$17.5.

Local banks also attracted buying orders. HSBC (00005) broke above HK$60 barrier. It ended up 1.9% to HK$61.15. Standard Chartered (02888) put on 1.5% to HK$64.8. BOCHK (02388) rose 2.4% to HK$28.25. It was the top blue-chip gainer today. Bank of East Asia (00023) climbed 1% to HK$31.4.

Chinese banks were mostly lower as new data showed that the ratio of non-performing loans rose by the end of the third quarter. The Industrial and Commercial Bank of China fell 1.29% to HK$4.60 while the Bank of China slipped 1.16% to HK$3.42.

Technology companies traded down after their US counterparts closed lower overnight. Tencent Holdings dropped 3.94% to HK$200 and China Mobile sunk 3.27% to a three month low of HK$84.25. Coolpad (02369) plunged 5.7% to HK$1 on news that its parent company LeTV allegedly paid bribes to CSRC executives for facilitating its IPO in Shenzhen.

Sensex ends below 27,000 mark

Sudden selling pressure in late trade dragged the key benchmark indices sharply lower. The barometer index, the S&P BSE Sensex, fell 698.86 points or 2.54% to settle at 26,818.82. The Nifty fell 229.45 points or 2.69% to settle at 8,296.30. All the 19 sectoral indices on BSE ended negative.

State Bank of India fell 3.09% to Rs 272.90 after net profit fell 34.56% to Rs 2538.32 crore on 8.29% growth in total income to Rs 50742.99 crore in Q2 September 2016 over Q2 September 2015. The result was announced during market hours today, 11 November 2016.

Sun Pharmaceutical Industries rose 3.30% to Rs 688.95 after consolidated net profit surged 117.25% to Rs 2235.14 crore on 19.98% rise in total income to Rs 8384.52 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 10 November 2016.

Elsewhere in the Asia Pacific region: New Zealands NZX50 declined 0.5% to 6697.78. Indonesias Jakarta Composite index slipped 4% to 5231.97. Taiwans Taiex slipped 2.1% to 8957.76. South Koreas KOSPI index declined 0.9% to 1984.43. Malaysias KLCI was down 1.1% to 1634.19. Singapores Straits Times index fell 0.7% to 2814.60.

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Hong Kong Stocks fall on fears of weak GDP
Nov 11,2016

The Hong Kong stock market closed down on Friday, 11 November 2016, shrugging off global lead, on fears of weak GDP after reports city economic growth likely to slow in the third quarter from the second, with weak exports, sluggish retail sales and falling tourist arrivals. The economy was expected to grow 0.3% for the third quarter from the second, according to the median estimate of economists in a poll. From a year earlier, growth was forecast at 1.6%. Gross domestic product grew a seasonally adjusted 1.6% in the second quarter from the first, and 1.7% from a year earlier, the Special Administrative Region (SAR) government said in August.

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China Stocks gain to fresh 10-months high
Nov 11,2016

Mainland China stock market closed at fresh 10-months high on Friday, 11 November 2016, on tracking gains in global market, supported by hopes for U.S. policies under U.S. President-elect Donald Trump. All major sectors gained, led by metal producers and construction companies. The benchmark Shanghai Composite Index grew 0.78% to close at 3,196.04 points, taking its advance from its Jan. 28 low to more than 20 percent. The CSI 300 index closed marginal 0.01% down at 3,390.25 points.

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Nikkei extends gain on softer yen
Nov 11,2016

The Japan share market inclined for second straight session on Friday, 11 November 2016, supported by yen depreciation to mid 106-level against greenback and hopes Trump administration will boost spending and spur U.S. economic growth. 18 out of 33 TSE industry categories closed in positive territory, led by Insurance, Banks, Nonferrous Metals, Securities & Commodities Futures, and Iron & Steel stocks, while Information & Communication, Fishery, Agriculture & Forestry, Retail Trade, and Electric Power & Gas were notable losers. The 225-issue Nikkei Stock Average rose 30.37 points, or 0.18%, to 17,374.79, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange jumped 1.93 points, or 0.14%, to end at 1,378.28.

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Australia Stocks incline for second straight day
Nov 11,2016

Australian share market inclined for second successive session on Friday, 11 November 2016, on the back positive lead from Wall Street overnight and jump in commodity prices including iron ore. Most sectors on the ASX closed higher, with financial, materials, and energy sectors registering the biggest gains. At the closing bell, the benchmark S&P/ASX 200 index inclined 41.90 points, or 0.79%, to 5,370.70, while the broader All Ordinaries index increased 37.70 points, or 0.7%, to 5,446.60.

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Wall Street greets President Trump with cheer
Nov 10,2016

U.S. stocks rallied on Wednesday, 09 November 2016 with the Dow Industrials led by a surge in financial, health-care and industrial stocks, as investors bet on the infrastructure spending policy promised by President-elect Donald Trump. The rally on Wall Street was in contrast to sharp losses seen in the futures market before the market opened, as it became apparent that the Republican contender was close to pulling off a major upset in the U.S. presidential contest.

The Dow Jones Industrial Average gained as much as 316 points, briefly surpassing the all-time closing high set in August. The index closed 256.95 points, or 1.4%, higher at 18,589.69. The Nasdaq Composite advanced 57.58 points, or 1.1%, to 5,251.07. The S&P 500 index ended up 23.70 points, or 1.1%, at 2,163.26.

Big gains in health care, financials and industrials more than offset sharp losses in defensive sectors such as utilities and consumer staples. Technology stocks in general were weaker. Pfizer and Caterpillar led the gains, rallying more than 7%.

Dow futures plunged as much as 800 points late Tuesday and early Wednesday as Trump claimed victories in several key battleground states, while S&P 500 futures hit a trading limit, down 5%, the biggest futures decline allowed under CME Group rules.

Trumps acceptance speech early Wednesday mentioning Keynesian-style spending and sounding a touch more conciliatory than had been the case during his campaign appeared to reset investors expectations. He pledged to supporters gathered in New York City that he will n++be president for all Americans.n++ The President-elect also underscored that infrastructure spending will play a large role in his administration.

Equity indices showed marked resilience as the group erased marginal losses by mid-morning. Resilience in the broader market continued to stoke risk appetite as investors worked to price-in expectations of aggressive infrastructure spending and responded to a lower likelihood for price controls in the health care space.

Financials surged thanks to a jump in interest rates to their highest levels since January. Shares of Bank of America Corp surged 5.7%, Wells Fargo & Co. gained 5.4% while J.P. Morgan Chase rallied 4.5%.

Todays economic data was limited to the weekly MBA Mortgage Index and the Wholesale Inventory Report for September. The MBA Mortgage Index indicated that mortgage applications fell 1.2% in the week ending November 5. This followed a 1.2% decline in the prior week. Separately, wholesale inventories increased 0.1% month-over-month in September (consensus +0.2%) following an upwardly revised 0.1% decline (from -0.2%) in August. Wholesale sales were up 0.2% on the heels of an unrevised 0.7% increase in August.

The energy sector gained 1.5% as crude oil snapped a recent losing streak. The energy component rose following a mixed inventory report from the Department of Energy. The EIA reported that crude oil inventories increased by 2.43 million barrels (consensus: +1.33 million) while gasoline stockpiles fell by 2.84 million barrels (consensus: -1.03 million). WTI crude finished higher by 0.6% ($45.20/bbl; +$0.25).

Treasuries finished on a lower note as the long end of the curve underperformed. The yield on the 2-yr note finished higher by three basis points (0.90%) while the yield on the 10-yr note surged 22 basis points (2.08%).

Todays trading volume was above the average of 877 million as more than 1.39 billion shares changed hands at the NYSE floor.

Tomorrows economic data will be limited to the 8:30 ET release of weekly initial claims (consensus 262k) and the 14:00 ET release of the October Treasury Budget.

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Asia Pacific Market: Stocks hammer on Trumps shock win in U.S. election
Nov 09,2016

Asia Pacific share market tumbled in rollercoaster trade on Wednesday, 09 November 2016, as investors fled risky assets as Republican Donald Trump claimed a shock victory in the U.S. presidential election. The MSCI Asia Pacific Index fell 2.7% to 134.19.

Regional stocks were initially on a firm note on growing speculation of a win for Clinton. But stocks gradually lost steam and fluctuated between gains and losses before turning sharply lower as results showing Trump taking key battleground states rolled in.

Trump, who has stoked uncertainty over his stance on foreign policy, trade and immigration, rattled world markets that had expected Democrat Hillary Clinton to defeat the political outsider. Donald Trump won 276 votes and Hillary Clinton won 218 votes. Candidates need at least 270 electoral votes to win. Trump will be the 45th President of the United States. The United States presidential elections of 2016 were held yesterday, 8 November 2016.

Markets from Japan to India fell the most since at least June 24, when Britain shocked investors by opting to leave the European Union, as investors dumped global risk securities and bought safe-haven assets including the yen and gold.

Among Asian bourses

Australia Stocks hammer

Australian share market stumbled to a four-month low, losing ~A$35 billion in value amid a global shock from US election results that have left Donald Trump poised to won the U.S. presidential election. All sectors on the ASX closed deep in the red, with the banks, health and energy sectors suffering the biggest declines. At the closing bell, the benchmark S&P/ASX 200 index tumbled 101.20 points, or 1.92%, to 5,156.60, while the broader All Ordinaries index stumbled 103.90 points, or 1.94%, to 5,238.30. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 981 to 221 and 229 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 14.69% to 21.030 a new 3-month high.

Shares of major banks and the big miners led the falls. The ANZ closed down 2% to A$26.47 and Westpac 1.95% to A$29.66. BHP fell 3.1% to close at A$22.56 and Rio Tinto 1.94% to A$53.73.

Among individual mover, Aristocrat Leisure shares fell 5.9% to A$14.30 following news poker machine maker chief executive, Jamie Odell, is stepping down next year.

Seven West Media dropped 5% to A$0.67 after the company said its full-year earnings will be close to 20% down on the year before - the lower end of its earlier guidance of 15% to 20%.

Shares in Medibank dropped 3.92% to A$2.45 after health insurance giant Medibank Private told shareholders at its annual general meeting that it faces a tough year with revenue growth in the first four months of fiscal 2017 missing its initial expectations.

Nikkei falls 5.36%

The Japan share market finished steep lower in a rollercoaster session, as Republican candidate Donald Trump won the U.S. presidential election, shocking traders after recent polls indicated that Hillary Clinton would be the victor. Every industry category on the main section lost ground, led by transportation equipment, marine transportation and equipment issues. The 225-issue Nikkei stock average ended down 919.84 points, or 5.36%, to 16,251.54, its biggest one-day drop since June 24 when Britain voted to leave the European Union. The broader Topix index of all first section issues on the Tokyo Stock Exchange finished 62.33 points, or 4.57%, lower at 1,301.16.

Tokyo market started the day in the black but quickly reversed course as Trumps stronger than expected showing stung the dollar and pushed up the yen n++ a negative for Japanese shares. The yen is seen as a safe haven in times of uncertainty. But a stronger currency is bad for Japanese exporters profitability and tends to spark selling of their shares. In Tokyo the dollar slumped to 102.10 yen from above 105 yen seen earlier in the day.

Export related stocks stumbled on tracking yen ascent against US dollar. Toyota Motor Corp sagged 6.5%, Nissan Motor Corp. dropped 6%, and Honda Motor Co. tumbled 7.8%. Nikon declined 6.6% after the precision machinery manufacturer on Tuesday cut its group net profit forecast, projecting a net loss for fiscal 2016.

China Stocks slide on US election jitters

Mainland China stock market finished session lower, joining global market slide, as Republican president candidate Donald Trump was surprisingly edging ahead of Democratic candidate Hilary Clinton. But falls in China shares - typically shielded from global market volatility by strict capital controls - were more subdued, with benchmark indexes only down slightly amid data showing a recovery in producer prices. Most sectors lost ground, while material and property stocks gained, lifted by a strong rally in the shares of gold miners amid a rush to safe-haven assets. The benchmark Shanghai Composite Index declined 0.62% to close at 3,128.37 points. The CSI 300 index lost 0.54% to close at 3,353.05 points.

Shares shrank in the morning session taking their cue from the global market disarray as it became increasingly clear that Donald Trump would win the US presidential election. However, Chinas Consumer Price Index and Producer Price Index both rose last month and gave the market the tonic it needed.

The CPI, a main gauge of inflation, gained 2.1% in October from a year earlier, the National Bureau of Statistics said. The PPI, a measurement of inflation at the factory gate and an indicator of future prices at the consumer end, rose 1.2% year on year, and was 0.7% higher from September.

Coal firms led the gainers, with Shaanxi Heimao Coking Co rising 6.54% to 10.43 yuan (US$1.54) and Guizhou Panjiang Refined Coal Co climbing 4.74% to 9.50 yuan.

Chinese developer giant Vanke surged as much as 10% despite overall weakness in the market, after reports that China Evergrande Group and its allies had further boosted their combined stake in Vanke to more than 10%.

Hong Kong Stocks fall to three-month low

The Hong Kong stock market declined to lowest level in three-month, taking their cue from the global market disarray as Donald Trump claimed a sock victory in the US presidential election. The Hang Seng Index declined 2.16% or 494.28 points to 22415.19, while the Hang Seng China Enterprises Index slid 2.91% or 281.19 points to 9378.66. Turnover increased significantly to HK$104.2 billion from HK$53.8 billion on Tuesday.

The market heavyweight stocks were shocked by the US election result. HKEx (00388) sank 1% to HK$202.4. HSBC (00005) and Tencent (00700) slipped 1.9% and 1.6% to HK$58 and HK$202.4. China Mobile (00941) dipped 2.3% to HK$86.8.

Link REIT (00823) edged up 0.1% to HK$54.85, becoming the only rising blue chip. It reported that interim distributable income rose 11% to HK$2.45 billion.

Oil prices went down 3% in trade in Asia, pushing down oil majors. Sinopec (00386) and PetroChina (00857) pounded 4% to HK$5.2 and HK$5.46. CNOOC (00883) fell 3% to HK$9.53.

Gold miners stocks climbed after Gold price rose 5% in Asian hours as risk-aversion sentiment soared. Zijin Minging (02899) surged 5% to HK$2.74. Zhaojin Mining (01818) surged 8% to HK$8.74.

Sensex, Nifty tumble to 4-month low on Governments black money crackdown

Indian stock market tumbled to settle at 4-month low on governments black money crackdown and outcome of US presidential election. The barometer index, the S&P BSE Sensex, fell 338.61 points or 1.23% to settle at 27,252.53. The Nifty 50 index fell 111.55 points or 1.31% to settle at 8,432.

Banks stocks tumbled after the government yesterday, 8 November 2016, announced that it is banning use of Rs 500 and Rs 1,000 notes, in its fight against the corruption, fake currency and black money.

Drug major Lupin gained 1.45% after consolidated net profit jumped 57.75% to Rs 662.19 crore on 27.45% rise in total income to Rs 4317.62 crore in Q2 September 2016 over Q2 September 2015. Commenting on the results, Nilesh Gupta, Managing Director, Lupin said that the company continues to invest ahead of the curve be it research or manufacturing. The Q2 September 2016 profit was impacted on account of higher research spend and forex, he added. Investment in research for the quarter was 13.6% of sales at Rs 571.60 crore.

Sun Pharmaceutical Industries rose 4.86% after the companys US subsidiary Taro Pharmaceutical Industries (Taro Pharma) reported better-than-expected Q2 September 2016 results yesterday, 8 November 2016.

Hindalco Industries fell 2.86% on equity dilution concerns after the company announced that board of directors will consider raising of funds by issue of equity related instruments.

Elsewhere in the Asia Pacific region: New Zealands NZX50 slid 3.3%. Indonesias Jakarta Composite index sank 1% to 5414.32. Taiwans Taiex fell 3% to 8943.20. South Koreas KOSPI index slid 2.3% to 1958.38. Malaysias KLCI was down 1% to 1647.62. Singapores Straits Times index dropped 1.1% to 2789.88.

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Hong Kong Stocks fall to three-month low
Nov 09,2016

The Hong Kong stock market declined to lowest level in three-month on Wednesday, 09 November 2016, taking their cue from the global market disarray as Donald Trump claimed a sock victory in the US presidential election. The Hang Seng Index declined 2.16% or 494.28 points to 22415.19, while the Hang Seng China Enterprises Index slid 2.91% or 281.19 points to 9378.66. Turnover increased significantly to HK$104.2 billion from HK$53.8 billion on Tuesday.

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China Stocks slide on US election jitters
Nov 09,2016

Mainland China stock market finished session lower on Wednesday, 09 November 2016, joining global market slide, as Republican president candidate Donald Trump was surprisingly edging ahead of Democratic candidate Hilary Clinton. But falls in China shares - typically shielded from global market volatility by strict capital controls - were more subdued, with benchmark indexes only down slightly amid data showing a recovery in producer prices. Most sectors lost ground, while material and property stocks gained, lifted by a strong rally in the shares of gold miners amid a rush to safe-haven assets. The benchmark Shanghai Composite Index declined 0.62% to close at 3,128.37 points. The CSI 300 index lost 0.54% to close at 3,353.05 points.

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Nikkei falls 5.36%
Nov 09,2016

The Japan share market finished steep lower in a rollercoaster session on Wednesday, 09 November 2016, as Republican candidate Donald Trump won the U.S. presidential election, shocking traders after recent polls indicated that Hillary Clinton would be the victor. Every industry category on the main section lost ground, led by transportation equipment, marine transportation and equipment issues. The 225-issue Nikkei stock average ended down 919.84 points, or 5.36%, to 16,251.54, its biggest one-day drop since June 24 when Britain voted to leave the European Union. The broader Topix index of all first section issues on the Tokyo Stock Exchange finished 62.33 points, or 4.57%, lower at 1,301.16.

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Australia Stocks hammer
Nov 09,2016

Australian share market stumbled to a four-month low on Wednesday, 09 November 2016, losing ~A$35 billion in value amid a global shock from US election results that have left Donald Trump poised to won the U.S. presidential election. All sectors on the ASX closed deep in the red, with the banks, health and energy sectors suffering the biggest declines. At the closing bell, the benchmark S&P/ASX 200 index tumbled 101.20 points, or 1.92%, to 5,156.60, while the broader All Ordinaries index stumbled 103.90 points, or 1.94%, to 5,238.30. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 981 to 221 and 229 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 14.69% to 21.030 a new 3-month high.

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