Nov 4: 1 Strong Theme — Oil Refining

November 4, 2015 · #Oil Refining

1 strong theme — 1 recurred. Top: Oil Refining +2.5%.

Strong themes1 Top change+2.5% LeaderGS Holdings

Average change by strong theme

Average change of member stocks, by theme · descending
Oil Refining
+2.5%

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
Oil RefiningGS Holdings+3.77%

Oil Refining was the strong theme of the Nov 4, 2015 session, with all 3 stocks in the group closing higher. The theme posted an average change of 2.54%.

GS Holdings led the group, rising 3.77% on volume of 458496 shares. SK Innovation gained 2.98%, while S-Oil added a smaller 0.86%.

The theme came back after a gap of 12 days, starting a new streak of 1. Same-day Korean news reports linked the move to a rebound in international oil prices, which lifted refining and chemical shares together.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Oil Refiningrecurred after 12 days+2.5%3/3GS Holdings

Theme by Theme

1. Oil Refining (recurred after 12 days)

StockChangeCloseLeader
GS Holdings 078930+3.8%52,300★
SK Innovation 096770+3.0%119,058
S-Oil 010950+0.9%70,300

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Closing Thoughts

The open question is whether the Oil Refining streak runs past a single day. A Korean news report asked whether the strength in refining and chemical stocks would last as oil prices rebounded.

The next sessions will show whether crude prices hold their rebound. They will also show whether S-Oil, the weakest of the three at 0.86%, moves closer to GS Holdings and SK Innovation.