Aug 29: 2 Strong Themes — Travel, Natural Gas Utilities

August 29, 2022 · #Travel #Natural Gas Utilities

2 strong themes — 2 recurred. Top: Travel +2.7%.

Strong themes2 Top change+2.7% LeaderVery Good Tour

Average change by strong theme

Average change of member stocks, by theme · descending
Travel
+2.7%
Natural Gas Utilities
+1.0%

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
TravelVery Good Tour+4.37%
Natural Gas UtilitiesDaesung Energy+0.66%

On Aug 29, two themes stood out in the Korean market, and both came back after a short break. Travel led with an average change of 2.72%, and all 5 of its stocks closed higher.

Very Good Tour led the group with a 4.37% gain, closing at 10750. Modetournetwork rose 3.26%, and Lotte Tour Development had the smallest gain at 0.85% on the heaviest volume, 374078.

Natural Gas Utilities also rose across the board, with 5 of 5 stocks up and an average change of 1.0%. Kyungdong City Gas gained 1.76%, and leader Daesung Energy added 0.66% on volume of 1495037.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Travelrecurred after 5 days+2.7%5/5Very Good Tour
2Natural Gas Utilitiesrecurred after 6 days+1.0%5/5Daesung Energy

Theme by Theme

1. Travel (recurred after 5 days)

StockChangeCloseLeader
Very Good Tour 094850+4.4%10,750★
Modetournetwork 080160+3.3%17,400
Yellow Balloon Tour 104620+2.8%8,040
Hanatour Service 039130+2.3%53,600
Lotte Tour Development 032350+0.8%11,800

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2. Natural Gas Utilities (recurred after 6 days)

StockChangeCloseLeader
Kyungdong City Gas 267290+1.8%26,050
Inchon City Gas 034590+1.4%29,000
KoreaGas 036460+1.0%46,350
Daesung Energy 117580+0.7%15,250★
Seoul City Gas 017390+0.2%259,500

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Closing Thoughts

Headlines on Aug 29 linked Natural Gas Utilities to sharp rises in natural gas prices and the exchange rate, which pointed to higher city gas rates. The next question is whether that story stays in the news.

For Travel, one headline flagged the risk of a capital increase across the sector. Both themes came back after gaps of 5 and 6 days, so the open question is whether the streak lasts beyond 1 day.