Oct 18: 3 Strong Themes — Petrochemicals, Life Insurance

October 18, 2016 · #Petrochemicals #Life Insurance #Property & Casualty Insurance

3 strong themes — 3 recurred. Top: Petrochemicals +4.4%.

Strong themes3 Top change+4.4% LeaderKorea Petro Chemical Ind

Average change by strong theme

Average change of member stocks, by theme · descending
Petrochemicals
+4.4%
Life Insurance
+2.0%
Property & Casualty Insurance
+2.0%

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
PetrochemicalsKorea Petro Chemical Ind+6.57%
Life InsuranceHanwha Life Insurance+2.64%
Property & Casualty InsuranceDB Insurance+1.91%

Three themes led on Oct 18, and every stock in them closed higher. Petrochemicals topped the list with an average change of 4.39%.

Korea Petro Chemical Ind led the group with a 6.57% gain. A same-day Korean news report linked the move to a planned facility investment. Kumho Petro Chemical and SKC rose 3.46% and 3.14%.

Insurance also firmed. Life Insurance posted an average change of 2.04%, and Property & Casualty Insurance gained 2.0%. Hanwha Life Insurance led its group at 2.64%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Petrochemicalsrecurred after 7 days+4.4%3/3Korea Petro Chemical Ind
2Life Insurancerecurred after 202 days+2.0%3/3Hanwha Life Insurance
3Property & Casualty Insurancerecurred after 36 days+2.0%2/2DB Insurance

Theme by Theme

1. Petrochemicals (recurred after 7 days)

StockChangeCloseLeader
Korea Petro Chemical Ind 006650+6.6%219,000★
Kumho Petro Chemical 011780+3.5%77,700
SKC 011790+3.1%27,822

Related news

2. Life Insurance (recurred after 202 days)

StockChangeCloseLeader
Hanwha Life Insurance 088350+2.6%6,230★
Samsung Life Insurance 032830+1.9%108,500
Tongyang Life Insurance 082640+1.6%12,650

Related news

3. Property & Casualty Insurance (recurred after 36 days)

StockChangeCloseLeader
Lotte Non-Life Insurance 000400+2.1%2,700
DB Insurance 005830+1.9%69,500★

Closing Thoughts

All three themes were recurring, and each had a streak of 1. Life Insurance came back after a gap of 202 days, compared with 7 days for Petrochemicals.

A Korean news report from Oct 17 said Hanwha Life Insurance bought a stake in a leading US peer-to-peer lender. The open question is whether these gains last beyond a single session.