Oct 24: 1 Strong Theme — Petrochemicals / Synthetic Fibers

October 24, 2018 · #Petrochemicals / Synthetic Fibers

1 strong theme — 1 new. Top: Petrochemicals / Synthetic Fibers +6.5%.

Strong themes1 Top change+6.5% LeaderTK Chemical

Average change by strong theme

Average change of member stocks, by theme · descending
Petrochemicals / Synthetic Fibers
+6.5%

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
Petrochemicals / Synthetic FibersTK Chemical+2.59%

On Oct 24, Petrochemicals / Synthetic Fibers showed up as a new strong theme. All 3 of its stocks closed higher, with an average change of 6.52%.

Korea Petro Chemical Ind posted the biggest gain at 10.53%, closing at 168000. Lotte Chemical followed with a rise of 6.45%.

The theme leader, TK Chemical, rose a smaller 2.59% to close at 1780. Its volume of 28518271 shares was far higher than the other two names.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Petrochemicals / Synthetic Fibersnew+6.5%3/3TK Chemical

Theme by Theme

1. Petrochemicals / Synthetic Fibers (new)

StockChangeCloseLeader
Korea Petro Chemical Ind 006650+10.5%168,000
Lotte Chemical 011170+6.5%259,558
TK Chemical 104480+2.6%1,780★

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Closing Thoughts

This was the theme’s first day, with a streak of 1, so there is no earlier run to compare against. The next thing to check is whether it appears again in the coming sessions.

It will also show whether TK Chemical’s heavy volume continues. Another point is whether gains stay spread across all three stocks instead of narrowing to one.