Dec 10: 2 Strong Themes — Paint, Airlines

December 10, 2015 · #Paint #Airlines

2 strong themes — 2 recurred. Top: Paint +5.9%.

Strong themes2 Top change+5.9% LeaderChokwang Paint

Average change by strong theme

Average change of member stocks, by theme · descending
Paint
+5.9%
Airlines
+4.5%

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
PaintChokwang Paint+9.64%
AirlinesAsiana Airlines+4.73%

On Dec 10, 2015, two themes led the session: Paint and Airlines. Every stock in both groups closed higher, and Paint returned after a gap of 127 days.

Paint posted an average change of 5.89%, with all 3 stocks up. Chokwang Paint led at 9.64%, while SP Samhwa added 7.08%. A Korean news report tied it to lower global oil prices.

Airlines rose an average of 4.48%, led by Asiana Airlines at 4.73% and Korean Air Lines at 4.23%. The theme came back after a gap of 80 days.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Paintrecurred after 127 days+5.9%3/3Chokwang Paint
2Airlinesrecurred after 80 days+4.5%2/2Asiana Airlines

Theme by Theme

1. Paint (recurred after 127 days)

StockChangeCloseLeader
Chokwang Paint 004910+9.6%13,650★
SP Samhwa 000390+7.1%12,850
Noroo Paint & Coatings 090350+0.9%10,700

Related news

2. Airlines (recurred after 80 days)

StockChangeCloseLeader
Asiana Airlines 020560+4.7%21,668★
Korean Air Lines 003490+4.2%17,282

Related news

Closing Thoughts

The next question is whether the oil price link holds. A same-day Korean news report asked if airlines still benefit from cheap oil, even though the group rose that day.

Both episodes span 1 day so far. Every stock rose, but Noroo Paint & Coatings gained only 0.94% on the day’s heaviest volume of 740616 shares.