Jun 30: 2 Strong Themes — Steel Majors, Metals (Non-Ferrous)

June 30, 2017 · #Steel Majors #Metals (Non-Ferrous)

2 strong themes — 2 recurred. Top: Steel Majors +3.8%.

Strong themes2 Top change+3.8% LeaderDaehan Steel

Average change by strong theme

Average change of member stocks, by theme · descending
Steel Majors
+3.8%
Metals (Non-Ferrous)
+3.2%

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
Steel MajorsDaehan Steel+4.69%
Metals (Non-Ferrous)Leeku Industrial+3.21%

On Jun 30, 2017, two metal themes led the session. Steel Majors came back after a 39-day gap, with an average change of 3.77% and all 3 of its stocks closing higher.

Daehan Steel led the steel group with a 4.69% gain to close at 8935. SeAH Besteel Holdings added 3.38%, and Posco Steeleon rose 3.23%.

Metals (Non-Ferrous) returned after a gap of 340 days, with an average change of 3.2%. Leeku Industrial led with 3.21%, and Youngpoong gained 3.18%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Steel Majorsrecurred after 39 days+3.8%3/3Daehan Steel
2Metals (Non-Ferrous)recurred after 340 days+3.2%2/2Leeku Industrial

Theme by Theme

1. Steel Majors (recurred after 39 days)

StockChangeCloseLeader
Daehan Steel 084010+4.7%8,935★
SeAH Besteel Holdings 001430+3.4%30,550
Posco Steeleon 058430+3.2%3,995

Related news

2. Metals (Non-Ferrous) (recurred after 340 days)

StockChangeCloseLeader
Leeku Industrial 025820+3.2%2,415★
Youngpoong 000670+3.2%110,062

Closing Thoughts

Both themes are on a 1-day streak, so the next sessions will show whether the moves carry on. A Korean news report on Jun 29 said Daehan Steel had reached a 52-week high.

For Metals (Non-Ferrous), the open question after a 340-day gap is whether the move continues. Leeku Industrial traded the most shares in the group, with volume of 330569.