Feb 23: 2 Strong Themes — Petrochemicals, Oil Refining
2 strong themes — 2 recurred. Top: Petrochemicals +5.8%.
Average change by strong theme
Theme leaders · recent trend
| Theme | Leader | Change | Trend |
|---|---|---|---|
| Petrochemicals | KPX Chemical | +5.17% | |
| Oil Refining | GS Holdings | +4.76% |
Two themes led the Feb 23, 2016 session, and every stock in both themes closed higher. Petrochemicals made the stronger move, with an average change of 5.81%.
Oil Refining followed with an average change of 3.71%, and all 3 of its stocks rose. A same-day Korean news report linked gains in refiners and chemical makers to a sharp rise in oil prices.
Within Petrochemicals, Kumho Petro Chemical rose the most at 7.03%, while theme leader KPX Chemical gained 5.17%. The theme returned after a gap of 160 days.
Today’s Strong Themes at a Glance
| # | Theme | Status | Avg. change | Up/Total | Leader |
|---|---|---|---|---|---|
| 1 | Petrochemicals | recurred after 160 days | +5.8% | 3/3 | KPX Chemical |
| 2 | Oil Refining | recurred after 19 days | +3.7% | 3/3 | GS Holdings |
Theme by Theme
1. Petrochemicals (recurred after 160 days)
- Episode: started 2016-02-23, day 1
| Stock | Change | Close | Leader |
|---|---|---|---|
Kumho Petro Chemical 011780 | +7.0% | 60,900 | |
Isu Chemical 005950 | +5.2% | 5,482 | |
KPX Chemical 025000 | +5.2% | 45,136 | ★ |
2. Oil Refining (recurred after 19 days)
- Episode: started 2016-02-23, day 1
| Stock | Change | Close | Leader |
|---|---|---|---|
GS Holdings 078930 | +4.8% | 52,800 | ★ |
SK Innovation 096770 | +3.9% | 146,116 | |
S-Oil 010950 | +2.5% | 81,200 |
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Closing Thoughts
Both themes are on a streak of 1 day, so each episode so far covers only Feb 23. The first thing to check is whether the move carries into a second session.
In Oil Refining, which returned after a gap of 19 days, leader GS Holdings rose 4.76% and S-Oil rose 2.53%. The other thing to follow is whether oil prices keep driving both groups.