Nov 22: 4 Strong Themes — Shipping, Shipbuilding

November 22, 2023 · #Shipping #Shipbuilding #Shipbuilding Equipment #Defense & War

4 strong themes — 4 recurred. Top: Shipping +6.8%.

Strong themes4 Top change+6.8% LeaderHeung-a Shipping

Average change by strong theme

Average change of member stocks, by theme · descending
Shipping
+6.8%
Shipbuilding
+3.2%
Shipbuilding Equipment
+2.6%
Defense & War
+2.2%

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
ShippingHeung-a Shipping+29.89%
ShipbuildingHanwha Ocean+3.18%
Shipbuilding EquipmentHD-Hyundai Marine Engine+6.94%
Defense & WarHanwha Ocean+3.18%

On 2023-11-22, every stock in all four strong themes closed higher. Shipping led with an average change of 6.84%, returning after a gap of 63 days.

Heung-a Shipping drove the move, rising 29.89% to close at 2225 on volume of 48385026 shares. The rest of the group rose less, from 4.3% at Korea Line to 0.62% at HMM.

Shipbuilding posted an average change of 3.22%, led by Hanwha Ocean. Shipbuilding Equipment gained 2.61% and Defense & War 2.19%, with all 9 stocks up in each.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Shippingrecurred after 63 days+6.8%6/6Heung-a Shipping
2Shipbuildingrecurred after 2 days+3.2%5/5Hanwha Ocean
3Shipbuilding Equipmentrecurred after 2 days+2.6%9/9HD-Hyundai Marine Engine
4Defense & Warrecurred after 9 days+2.2%9/9Hanwha Ocean

Theme by Theme

1. Shipping (recurred after 63 days)

StockChangeCloseLeader
Heung-a Shipping 003280+29.9%2,225★
Korea Line 005880+4.3%1,796
STX Green Logis 465770+3.7%12,560
KSS Line 044450+1.6%8,490
Pan Ocean 028670+0.9%4,340
HMM 011200+0.6%16,190

2. Shipbuilding (recurred after 2 days)

StockChangeCloseLeader
HD Hyundai Heavy Industries 329180+4.3%123,500
HJ Shipbuilding & Construction 097230+3.5%4,150
Samsung Heavy Industries 010140+3.2%7,960
Hanwha Ocean 042660+3.2%27,600★
HD Korea Shipbuilding & Offshore Engineering 009540+1.9%103,000

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3. Shipbuilding Equipment (recurred after 2 days)

StockChangeCloseLeader
HD-Hyundai Marine Engine 071970+6.9%10,330★
Taewoong 044490+3.3%16,780
Il Seung 333430+2.7%3,050
Hanla IMS 092460+2.3%6,760
KSP 073010+2.2%2,758
Hankuk Carbon 017960+1.7%12,200
Oriental Precision & Engineering 014940+1.6%2,950
Hy-lok 013030+1.5%27,400
STX Engine 077970+1.4%11,860

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4. Defense & War (recurred after 9 days)

StockChangeCloseLeader
HJ Shipbuilding & Construction 097230+3.5%4,150
Hanwha Ocean 042660+3.2%27,600★
S Connect 096630+3.1%10,850
Hanwha Systems 272210+2.1%14,910
HD Korea Shipbuilding & Offshore Engineering 009540+1.9%103,000
Hanwha 000880+1.6%25,650
Korea Aerospace Industries 047810+1.5%46,750
STX Engine 077970+1.4%11,860
Haein 003010+1.4%5,840

Closing Thoughts

Defense & War is the only theme whose episode runs to 2023-11-23, a duration of 2 days. The other three themes each show a 1-day episode so far.

The themes share several names, and Hanwha Ocean leads both Shipbuilding and Defense & War. The next session’s data will show whether that overlap holds.