Aug 30: 3 Strong Themes — Steel Majors / Steel (Small & Mid Cap), Metals (Non-Ferrous)

August 30, 2018 · #Steel Majors / Steel (Small & Mid Cap) #Metals (Non-Ferrous) #China Consumer

3 strong themes — 3 recurred. Top: Steel Majors / Steel (Small & Mid Cap) +11.5%.

Strong themes3 Top change+11.5% LeaderMoonbae Steel

Average change by strong theme

Average change of member stocks, by theme · descending
Steel Majors / Steel (Small & Mid Cap)
+11.5%
Metals (Non-Ferrous)
+3.1%
China Consumer
+2.8%

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
Steel Majors / Steel (Small & Mid Cap)Moonbae Steel+20.73%
Metals (Non-Ferrous)Hyundai BNG Steel+3.40%
China ConsumerHankook Cosmetics Manufacturing+2.95%

Steel set the tone on Aug 30, 2018. Steel Majors / Steel (Small & Mid Cap) posted an average change of 11.51%, and all 4 of its stocks closed higher.

Moonbae Steel led the group with a 20.73% gain, a move a Korean news report also flagged. Dae Dong Steel added 12.68% and Posco Steeleon rose 10.53%.

Metals (Non-Ferrous) averaged 3.15%, led by Hyundai BNG Steel at 3.4%. China Consumer averaged 2.75% with all 5 stocks up, after a Korean news report said Chinese tourists may return.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Steel Majors / Steel (Small & Mid Cap)recurred after 157 days+11.5%4/4Moonbae Steel
2Metals (Non-Ferrous)recurred after 114 days+3.1%2/2Hyundai BNG Steel
3China Consumerrecurred after 7 days+2.8%5/5Hankook Cosmetics Manufacturing

Theme by Theme

1. Steel Majors / Steel (Small & Mid Cap) (recurred after 157 days)

StockChangeCloseLeader
Moonbae Steel 008420+20.7%4,280★
Dae Dong Steel 048470+12.7%11,550
Posco Steeleon 058430+10.5%2,415
Daehan Steel 084010+2.1%4,867

Related news

2. Metals (Non-Ferrous) (recurred after 114 days)

StockChangeCloseLeader
Hyundai BNG Steel 004560+3.4%12,150★
Namsun Aluminium 008350+2.9%1,240

Related news

3. China Consumer (recurred after 7 days)

StockChangeCloseLeader
Outin Futures 227610+5.5%23,200
Hankook Cosmetics Manufacturing 003350+3.0%9,080★
Cuchen 225650+2.1%7,270
J.estina 026040+2.0%7,120
Hanwha Galleria Timeworld 027390+1.2%33,350

Related news

Closing Thoughts

All three themes came back after gaps of 157 days for steel, 114 for non-ferrous metals and 7 for China Consumer. So far, each run has lasted just 1 day.

One figure to track in later sessions is Moonbae Steel’s volume of 21029474 shares. A Korean news report linked Hyundai BNG Steel’s rise to a swing back to operating profit.