Mar 17: 2 Strong Themes — Securities Brokers, Oil Refining

March 17, 2016 · #Securities Brokers #Oil Refining

2 strong themes — 2 recurred. Top: Securities Brokers +5.0%.

Strong themes2 Top change+5.0% LeaderKorea Investment Holdings

Average change by strong theme

Average change of member stocks, by theme · descending
Securities Brokers
+5.0%
Oil Refining
+4.3%

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
Securities BrokersKorea Investment Holdings+7.16%
Oil RefiningS-Oil+5.79%

On Mar 17, two themes led the session: Securities Brokers and Oil Refining. Every stock in both groups closed higher.

Securities Brokers had an average change of 5.03%, and all 4 stocks rose. Korea Investment Holdings led with 7.16%, while Mirae Asset Securities traded 3241356 shares.

Oil Refining had an average change of 4.35%, led by S-Oil at 5.79%. A Korean news report linked the move to hopes of a turnaround, and another pointed to a forecast of record profit this year.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Securities Brokersrecurred after 10 days+5.0%4/4Korea Investment Holdings
2Oil Refiningrecurred after 7 days+4.3%3/3S-Oil

Theme by Theme

1. Securities Brokers (recurred after 10 days)

StockChangeCloseLeader
Korea Investment Holdings 071050+7.2%47,150★
Samsung Securities 016360+4.7%40,739
KIWOOM Securities 039490+4.2%68,800
Mirae Asset Securities 006800+4.0%8,409

2. Oil Refining (recurred after 7 days)

StockChangeCloseLeader
S-Oil 010950+5.8%89,500★
SK Innovation 096770+4.2%159,400
GS Holdings 078930+3.1%53,800

Related news

Closing Thoughts

Both themes came back after a gap: 10 days for Securities Brokers and 7 days for Oil Refining. Each run has lasted only 1 day so far, so the next question is whether either one becomes a streak.

In Oil Refining, SK Innovation rose 4.18% and GS Holdings rose 3.07%. Later sessions will show whether the gains stay this broad across S-Oil and the rest of the group.