Jan 19: 2 Strong Themes — Steel (Small & Mid Cap), Steel Majors

January 19, 2017 · #Steel (Small & Mid Cap) #Steel Majors

2 strong themes — 1 recurred · 1 new. Top: Steel (Small & Mid Cap) +8.3%.

Strong themes2 Top change+8.3% LeaderKorea Steel

Average change by strong theme

Average change of member stocks, by theme · descending
Steel (Small & Mid Cap)
+8.3%
Steel Majors
+2.7%

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
Steel (Small & Mid Cap)Korea Steel+7.36%
Steel MajorsPOSCO Holdings+3.73%

Steel led the 2017-01-19 session from two angles. Steel (Small & Mid Cap) appeared as a new theme with an average change of 8.35%, and both of its 2 stocks closed higher.

Within that group, DSR Wire rose 9.33% to close at 12300 on volume of 4568308 shares. Theme leader Korea Steel gained 7.36% to finish at 5103.

Steel Majors returned after a gap of 8 days with an average change of 2.69%. Leader POSCO Holdings rose 3.73%, while Hyundai Steel Company added 1.64%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Steel (Small & Mid Cap)new+8.3%2/2Korea Steel
2Steel Majorsrecurred after 8 days+2.7%2/2POSCO Holdings

Theme by Theme

1. Steel (Small & Mid Cap) (new)

StockChangeCloseLeader
DSR Wire 069730+9.3%12,300
Korea Steel 007280+7.4%5,103★

2. Steel Majors (recurred after 8 days)

StockChangeCloseLeader
POSCO Holdings 005490+3.7%278,000★
Hyundai Steel Company 004020+1.6%62,000

Related news

Closing Thoughts

A same-day Korean news report listed POSCO among the top stocks that institutions net sold on the exchange. That flow sits alongside the stock’s 3.73% gain on the day.

Both themes are on a streak of 1 day. The coming sessions will show whether the small and mid cap names and the majors keep moving together.