Weekly Theme Wrap (Apr 24 – Apr 28)

April 28, 2017 · #Inter-Korean Economic Cooperation #Securities Brokers #Beef Imports #Power Equipment #Korea-Listed Chinese Companies #Shipbuilding #EV #OLED Displays #Banks

5 trading days · top 9 themes — most persistent is Inter-Korean Economic Cooperation at 2 days (weekly avg. +6.2%). Best single day this week: Apr 28, +29.9%.

Trading days5d Most days strong2d weekly avg.+6.2% LeaderIn the F

Average change over the period

Average change of member stocks, by theme · descending
Inter-Korean Economic Cooperation
+6.2%
Securities Brokers
+3.1%
Beef Imports
+29.9%
Power Equipment
+16.8%
Korea-Listed Chinese Companies
+6.6%
Shipbuilding
+5.3%
EV
+4.8%
OLED Displays
+4.2%
Banks
+3.7%

Over Apr 24 to Apr 28, 2017, nine themes posted strong days. Beef Imports had the biggest single move, with Hanil Feed up 29.9% on Apr 28.

Inter-Korean Economic Cooperation and Securities Brokers were the only themes strong on two days. The former posted an average change of 6.25%, led by In the F and Good People.

A Korean news report linked the Apr 27 move to hopes that the Kaesong industrial complex would reopen. Power Equipment rose 16.79% on Apr 25, led by Seojeon Electric Machinery.

This Week’s Theme Ranking

ThemeDays strongWeekly avg.Best dayLast statusLeader
Inter-Korean Economic Cooperation2d+6.2%2017-04-27 (+6.7%)recurredIn the F, Good People
Securities Brokers2d+3.1%2017-04-25 (+3.2%)runningNH Investment & Securities, KIWOOM Securities
Beef Imports1d+29.9%2017-04-28 (+29.9%)newHanil Feed
Power Equipment1d+16.8%2017-04-25 (+16.8%)recurredSeojeon Electric Machinery
Korea-Listed Chinese Companies1d+6.6%2017-04-26 (+6.6%)recurredWayport(h.k.)
Shipbuilding1d+5.3%2017-04-26 (+5.3%)recurredHD Hyundai Mipo
EV1d+4.8%2017-04-25 (+4.8%)recurredInzi Controls
OLED Displays1d+4.2%2017-04-25 (+4.2%)recurredRobostar
Banks1d+3.7%2017-04-24 (+3.7%)runningHana Financial Group

What to Watch Next Week

Securities Brokers and Banks are both flagged as running themes. Brokers posted an average change of 3.06%, and Banks peaked at 3.7% on Apr 24.

Beef Imports is new this week, and a same-day Korean news report tied it to a possible opening of the market to US beef. One open question is whether it comes back, as Shipbuilding and EV did.

Theme heatmap

Themes × trading days · value is that day's theme average (%)
04-2404-2504-2604-2704-28
Inter-Korean Economic Cooperation+5.8+6.7
Securities Brokers+3.2+2.9
Beef Imports+29.9
Power Equipment+16.8
Korea-Listed Chinese Companies+6.6
Shipbuilding+5.3
EV+4.8
OLED Displays+4.1
Banks+3.7
Down UpBlank = not in that day's strong list