Oct 16: 2 Strong Themes — Korea-Russia Gas Pipeline, Cement & Ready-Mix Concrete

October 16, 2018 · #Korea-Russia Gas Pipeline #Cement & Ready-Mix Concrete

2 strong themes — 1 recurred · 1 new. Top: Korea-Russia Gas Pipeline +5.2%.

Strong themes2 Top change+5.2% LeaderJokwang I.L.I

Average change by strong theme

Average change of member stocks, by theme · descending
Korea-Russia Gas Pipeline
+5.2%
Cement & Ready-Mix Concrete
+4.4%

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
Korea-Russia Gas PipelineJokwang I.L.I+5.11%-
Cement & Ready-Mix ConcreteAsia Cement+7.49%

Two themes stood out on Oct 16, with all three stocks in each closing higher. Korea-Russia Gas Pipeline led the session with an average change of 5.21%.

The pipeline theme came back after a 34-day gap. KBI Dong Yang Steel Pipe rose 6.05%, theme leader Jokwang I.L.I gained 5.11%, and DK-Lok added 4.46%.

Cement & Ready-Mix Concrete showed up as a new theme with an average change of 4.39%. Leader Asia Cement jumped 7.49%, ahead of Sungshin Cement at 3.5% and Ssangyongc&e at 2.19%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Korea-Russia Gas Pipelinerecurred after 34 days+5.2%3/3Jokwang I.L.I
2Cement & Ready-Mix Concretenew+4.4%3/3Asia Cement

Theme by Theme

1. Korea-Russia Gas Pipeline (recurred after 34 days)

StockChangeCloseLeader
KBI Dong Yang Steel Pipe 008970+6.0%3,982
Jokwang I.L.I 044060+5.1%966★
DK-Lok 105740+4.5%8,670

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2. Cement & Ready-Mix Concrete (new)

StockChangeCloseLeader
Asia Cement 183190+7.5%12,200★
Sungshin Cement 004980+3.5%10,350
Ssangyongc&e 003410+2.2%6,168

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Closing Thoughts

Both themes were one-day episodes as of Oct 16. The open question is whether the Korea-Russia Gas Pipeline comeback or the new cement move lasts beyond this session.

Headlines that day reported a flat KOSPI close amid caution over a U.S. currency report, with cement stocks strong. Any change in that backdrop may affect how both themes develop.