Weekly Theme Wrap (Sep 5 – Sep 9)

September 9, 2016 · #Shipping #Defense & War #Steel Majors #Securities Brokers #Airlines #Oil Refining

5 trading days · top 6 themes — most persistent is Shipping at 1 day (weekly avg. +8.9%). Best single day this week: Sep 6, +8.9%.

Trading days5d Most days strong1d weekly avg.+8.9% LeaderHanjin Shipping

Average change over the period

Average change of member stocks, by theme · descending
Shipping
+8.9%
Defense & War
+8.4%
Steel Majors
+3.1%
Securities Brokers
+2.6%
Airlines
+2.3%
Oil Refining
+1.8%

Six themes each had one strong day in the week of 2016-09-05 to 2016-09-09. Shipping led with an average change of 8.87%, driven by Hanjin Shipping.

On 2016-09-06, a Korean news report linked the Hanjin Shipping jump to hopes of support from its group. Defense & War followed with 8.45% on 2016-09-09, led by Victek.

Gains elsewhere were smaller. Steel Majors rose 3.1% through Daehan Steel, and Securities Brokers rose 2.63% through Korea Investment Holdings. Airlines added 2.28% and Oil Refining 1.78%.

This Week’s Theme Ranking

ThemeDays strongWeekly avg.Best dayLast statusLeader
Shipping1d+8.9%2016-09-06 (+8.9%)recurredHanjin Shipping
Defense & War1d+8.4%2016-09-09 (+8.4%)recurredVictek
Steel Majors1d+3.1%2016-09-07 (+3.1%)recurredDaehan Steel
Securities Brokers1d+2.6%2016-09-05 (+2.6%)recurredKorea Investment Holdings
Airlines1d+2.3%2016-09-08 (+2.3%)recurredKorean Air Lines
Oil Refining1d+1.8%2016-09-05 (+1.8%)recurredSK Innovation

What to Watch Next Week

All six themes are tagged as recurring, so none of these moves was a first appearance. The next thing the data will show is whether any of these strong days lasts beyond one session.

For Airlines, a Korean news report on Sep 8 pointed to more codeshare deals and steadier jet fuel prices at Korean Air Lines. Those are the drivers the report named for the theme.

Theme heatmap

Themes × trading days · value is that day's theme average (%)
09-0509-0609-0709-0809-09
Shipping+8.9
Defense & War+8.4
Steel Majors+3.1
Securities Brokers+2.6
Airlines+2.3
Oil Refining+1.8
Down UpBlank = not in that day's strong list