Feb 2: 1 Strong Theme — Car Majors

February 2, 2018 · #Car Majors

1 strong theme — 1 recurred. Top: Car Majors +3.1%.

Strong themes1 Top change+3.1% LeaderHL Mando

Average change by strong theme

Average change of member stocks, by theme · descending

Car Majors

+3.1%

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 -

Theme	Leader	Change	Trend
Car Majors	HL Mando	+4.16%

Car Majors returned as a strong theme on 2018-02-02 after a gap of 64 days. All 5 stocks in the group closed higher, for an average change of 3.09%.

HL Mando led with a 4.16% gain. Hanon Systems rose 3.78% and Hyundai Mobis 3.66%, while Kia added 2.62% and Hyundai Motor 1.25%.

A same-day Korean news report pointed to strong buying in HL Mando. Another flagged shrinking auto parts exports at Hyundai Mobis and HL Mando, which runs against the session’s gains.

Today’s Strong Themes at a Glance

#	Theme	Status	Avg. change	Up/Total	Leader
1	Car Majors	recurred after 64 days	+3.1%	5/5	HL Mando

Theme by Theme

1. Car Majors (recurred after 64 days)

Episode: started 2018-02-02, day 1

Stock	Change	Close	Leader
HL Mando `204320`	+4.2%	57,600	★
Hanon Systems `018880`	+3.8%	12,781
Hyundai Mobis `012330`	+3.7%	255,000
Kia `000270`	+2.6%	35,250
Hyundai Motor `005380`	+1.2%	162,500

Related news

(유)만도, 5.61% 오르며 체결강도 강세 지속(236%) — 서울경제 (Korean)
쪼그라든 車부품 수출…현대모비스·만도 급제동 — 매일경제 (Korean)

Closing Thoughts

The theme’s streak stands at 1, and the episode both started and ended on 2018-02-02. The next sessions will show whether Car Majors keeps going past a single day.

The export concern in the Korean news report is another thread to follow. It is still unclear how that backdrop fits with a day when all 5 stocks rose.