Nov 23: 2 Strong Themes — Banks, Telecom Carriers
2 strong themes — 2 recurred. Top: Banks +3.0%.
Average change by strong theme
Theme leaders · recent trend
| Theme | Leader | Change | Trend |
|---|---|---|---|
| Banks | Industrial Bank Of Korea | +3.47% | |
| Telecom Carriers | SK Telecom | +2.73% |
Banks and telecoms led the strong themes on Nov 23, 2016. Banks returned after a 12-day gap with an average change of 2.98%, and all 3 stocks in the group closed higher.
Industrial Bank Of Korea led the group, rising 3.47% to close at 13400. Shinhan Financial Group gained 2.78% and KB Financial Group added 2.7%.
Telecom Carriers came back after a 296-day gap with an average change of 2.23%. SK Telecom rose 2.73%, and LG Uplus gained 1.73%.
Today’s Strong Themes at a Glance
| # | Theme | Status | Avg. change | Up/Total | Leader |
|---|---|---|---|---|---|
| 1 | Banks | recurred after 12 days | +3.0% | 3/3 | Industrial Bank Of Korea |
| 2 | Telecom Carriers | recurred after 296 days | +2.2% | 2/2 | SK Telecom |
Theme by Theme
1. Banks (recurred after 12 days)
- Episode: started 2016-11-23, day 1
| Stock | Change | Close | Leader |
|---|---|---|---|
Industrial Bank Of Korea 024110 | +3.5% | 13,400 | ★ |
Shinhan Financial Group 055550 | +2.8% | 44,350 | |
KB Financial Group 105560 | +2.7% | 41,850 |
2. Telecom Carriers (recurred after 296 days)
- Episode: started 2016-11-23, day 1
Related news
- 증권가, SK텔레콤 호평 이유는 — 브릿지경제 (Korean)
Closing Thoughts
Each theme lasted only this one session, so the next few sessions will show whether the moves carry on. Banks had a short break before returning, while telecoms had been absent for much longer.
A same-day Korean news report explained why brokerages viewed SK Telecom favorably. Its volume of 1973497 shares gives a baseline for comparing later sessions.