May 22: 2 Strong Themes — Oil Refining, Petrochemicals

May 22, 2015 · #Oil Refining #Petrochemicals

2 strong themes — 2 recurred. Top: Oil Refining +5.8%.

Strong themes2 Top change+5.8% LeaderSK Innovation

Average change by strong theme

Average change of member stocks, by theme · descending
Oil Refining
+5.8%
Petrochemicals
+4.2%

Theme leaders · recent trend

The line is the trend; the end-point colour is the last trading day's direction. Stocks without enough price history show as -
ThemeLeaderChangeTrend
Oil RefiningSK Innovation+6.48%
PetrochemicalsIsu Chemical+3.75%

Energy-linked shares led the 2015-05-22 session, with two themes back on the strong list. Oil Refining posted an average change of 5.83%, and both of its stocks rose.

SK Innovation led the group with a 6.48% gain to close at 113154, while S-Oil added 5.18%. A same-day Korean news report linked the move to a rebound in global oil prices.

Petrochemicals returned after a 44-day gap with an average change of 4.21%, and all three of its stocks rose. Lotte Chemical gained 5.23%, leader Isu Chemical 3.75% and LG Chem 3.66%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Oil Refiningrecurred after 9 days+5.8%2/2SK Innovation
2Petrochemicalsrecurred after 44 days+4.2%3/3Isu Chemical

Theme by Theme

1. Oil Refining (recurred after 9 days)

StockChangeCloseLeader
SK Innovation 096770+6.5%113,154★
S-Oil 010950+5.2%69,000

Related news

2. Petrochemicals (recurred after 44 days)

StockChangeCloseLeader
Lotte Chemical 011170+5.2%230,030
Isu Chemical 005950+3.8%4,644★
LG Chem 051910+3.7%269,000

Closing Thoughts

Both themes were one-day episodes, so the next sessions will show whether the moves carry on. Oil Refining last appeared 9 days earlier, while Petrochemicals had been absent for 44 days.

A Korean news report described refiners and chemical makers rising together as crude rebounded. The direction of oil prices is one shared factor to follow for both groups.