May 31: 2 Strong Themes — Power Equipment, Shipping

May 31, 2017 · #Power Equipment #Shipping

2 strong themes — 2 recurred. Top: Power Equipment +5.5%.

Strong themes2 Top change+5.5% LeaderBosung Power Technology

Average change by strong theme

Average change of member stocks, by theme · descending
Power Equipment
+5.5%
Shipping
+4.0%

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
Power EquipmentBosung Power Technology+7.04%
ShippingHeung-a Shipping+3.73%

Two themes led the 2017-05-31 session, and every stock in both closed higher. Power Equipment topped the board with an average change of 5.49%, with all 3 of its stocks rising.

Bosung Power Technology led the group with a gain of 7.04%, closing at 3115. Cheryong Electric added 5.96%, and Dawon Cable rose 3.47%.

Shipping came next with an average change of 4.04%. Pan Ocean gained 4.36% on volume of 21127467 shares, while the theme leader, Heung-a Shipping, rose 3.73%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Power Equipmentrecurred after 29 days+5.5%3/3Bosung Power Technology
2Shippingrecurred after 54 days+4.0%2/2Heung-a Shipping

Theme by Theme

1. Power Equipment (recurred after 29 days)

StockChangeCloseLeader
Bosung Power Technology 006910+7.0%3,115★
Cheryong Electric 033100+6.0%6,220
Dawon Cable 006340+3.5%1,490

2. Shipping (recurred after 54 days)

StockChangeCloseLeader
Pan Ocean 028670+4.4%5,500
Heung-a Shipping 003280+3.7%16,822★

Related news

Closing Thoughts

A same-day Korean news report linked the Shipping move to a presidential plan for a state ship-finance body. Another Korean news report said the stress in shipbuilding and shipping has not gone away.

Both themes are on a 1-day streak, so the next sessions will show whether either one continues. Power Equipment returned after a gap of 29 days, and Shipping after 54 days.