Aug 31: 1 Strong Theme — Shipping

August 31, 2016 · #Shipping

1 strong theme — 1 recurred. Top: Shipping +13.7%.

Strong themes1 Top change+13.7% LeaderHMM

Average change by strong theme

Average change of member stocks, by theme · descending
Shipping
+13.7%

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
ShippingHMM+25.58%

Shipping came back as a strong theme on 2016-08-31, after a gap of 92 days. All 3 stocks in the group rose, for an average change of 13.7%.

HMM led the move with a gain of 25.58%, closing at 8322 on volume of 51168100. Heung-a Shipping added 10.96% and Pan Ocean rose 4.55%.

A Korean news report from the same day said financial regulators were pushing for HMM to buy a struggling rival’s best assets. The sector-wide rally happened in that same session.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Shippingrecurred after 92 days+13.7%3/3HMM

Theme by Theme

1. Shipping (recurred after 92 days)

StockChangeCloseLeader
HMM 011200+25.6%8,322★
Heung-a Shipping 003280+11.0%14,920
Pan Ocean 028670+4.5%3,675

Related news

Closing Thoughts

So far this run lasts 1 day, starting and ending on 2016-08-31. The next question is whether Shipping keeps its streak going past a single session.

Any news on the reported asset purchase is another thread to follow. The gap between HMM’s 25.58% jump and Pan Ocean’s 4.55% shows how unevenly the gains were spread across the group.