May 12: 2 Strong Themes — Cement & Ready-Mix Concrete, Shipbuilding
2 strong themes — 2 recurred. Top: Cement & Ready-Mix Concrete +30.0%.
Average change by strong theme
Theme leaders · recent trend
| Theme | Leader | Change | Trend |
|---|---|---|---|
| Cement & Ready-Mix Concrete | Hanil Hyundai Cement | +29.98% | - |
| Shipbuilding | HD Hyundai Mipo | +6.15% | - |
Two themes stood out in the Korean market on 2016-05-12. Cement & Ready-Mix Concrete led with an average change of 29.98%, returning after a gap of 98 days.
Its sole stock, Hanil Hyundai Cement, rose 29.98% to close at 36200 on volume of 333356. A Korean news report tied the gain to talk of creditors pursuing a sale of the company.
Shipbuilding returned after 13 days with an average change of 6.15%, with 1 of 2 stocks up. HD Hyundai Mipo rose 6.15% to 35494 as a Korean news report noted new tanker orders.
Today’s Strong Themes at a Glance
| # | Theme | Status | Avg. change | Up/Total | Leader |
|---|---|---|---|---|---|
| 1 | Cement & Ready-Mix Concrete | recurred after 98 days | +30.0% | 1/1 | Hanil Hyundai Cement |
| 2 | Shipbuilding | recurred after 13 days | +6.2% | 1/2 | HD Hyundai Mipo |
Theme by Theme
1. Cement & Ready-Mix Concrete (recurred after 98 days)
- Episode: started 2016-05-12, day 1
| Stock | Change | Close | Leader |
|---|---|---|---|
Hanil Hyundai Cement 006390 | +30.0% | 36,200 | ★ |
Related news
- ‘워크아웃’ 현대시멘트, 채권단 본격 M&A 추진설에 강세 — 서울경제 (Korean)
2. Shipbuilding (recurred after 13 days)
- Episode: started 2016-05-12, day 1
| Stock | Change | Close | Leader |
|---|---|---|---|
HD Hyundai Mipo 010620 | +6.2% | 35,494 | ★ |
HD Korea Shipbuilding & Offshore Engineering 009540 | - | - |
Related news
- 현대미포조선, 수주가뭄 속 PC선(석유화학제품운반선) 2척 수주 — 경상일보 (Korean)
Closing Thoughts
Both themes were one-day episodes, each with a streak of 1 and a duration of 1 day. Whether Cement & Ready-Mix Concrete lasts beyond a single session is the next question the data will answer.
For Shipbuilding, breadth is the thing to track, since only 1 of 2 stocks posted a gain. Further news on the sale talks and on new orders will show whether these moves continue.