Aug 29: 2 Strong Themes — Political Ties (Ahn Cheol-soo), Banks

August 29, 2016 · #Political Ties (Ahn Cheol-soo) #Banks

2 strong themes — 1 recurred · 1 new. Top: Political Ties (Ahn Cheol-soo) +23.7%.

Strong themes2 Top change+23.7% LeaderTaewonmulsan

Average change by strong theme

Average change of member stocks, by theme · descending
Political Ties (Ahn Cheol-soo)
+23.7%
Banks
+2.6%

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
Political Ties (Ahn Cheol-soo)Taewonmulsan+29.88%
BanksKB Financial Group+2.81%

Two themes led the Aug 29 session, and Political Ties (Ahn Cheol-soo) stood far above the rest with an average change of 23.72%.

All 3 stocks in the theme rose, led by Taewonmulsan at 29.88%. Sunny Electronics added 24.6% and Ahnlab 16.67%. A Korean news report linked the jump to the Ahn Cheol-soo theme.

Banks returned after a gap of 81 days, with an average change of 2.57%. Hana Financial Group rose 2.98%, KB Financial Group 2.81% and Woori Bank 1.92%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Political Ties (Ahn Cheol-soo)new+23.7%3/3Taewonmulsan
2Banksrecurred after 81 days+2.6%3/3KB Financial Group

Theme by Theme

1. Political Ties (Ahn Cheol-soo) (new)

StockChangeCloseLeader
Taewonmulsan 001420+29.9%5,390★
Sunny Electronics 004770+24.6%4,710
Ahnlab 053800+16.7%63,000

Related news

2. Banks (recurred after 81 days)

StockChangeCloseLeader
Hana Financial Group 086790+3.0%29,350
KB Financial Group 105560+2.8%38,400★
Woori Bank 000030+1.9%10,600

Related news

Closing Thoughts

Both themes are on day one of their streaks. A same-day Korean news report credited KB Financial Group’s gain to expectations of a US rate hike.

The next sessions will show whether the political theme’s gains hold and whether Banks move beyond a single day.