Domestic Nuclear Stocks Plunge Across the Board... Doosan Enerbility and Wooyjin Technology Tumble as Dark Clouds Gather Over US Stock Market
On the 5th, nuclear power-related stocks showed overall weakness in the domestic stock market, recording sharp declines. In particular, the large-cap nuclear st

On the 5th, nuclear power-related stocks showed overall weakness in the domestic stock market, recording sharp declines. In particular, the large-cap nuclear stock Doosan Enerbility finished trading at 95,500 won, down 3.72%, while Wooyjin Technology (-9.49%, 14,200 won) and Daechang Solution (-4.66%, 1,940 won) saw very prominent drops. Woojin also closed at 18,260 won, down 4.14%.
The only stock among the major nuclear shares to record strength that day was Geumhwa PSC (32,450 won, +2.68%). On the other hand, Orbitech (-1.05%, 7,490 won), Soosan InCo (-2.26%, 23,750 won), along with Mobis (-2.36%), Korea Electric Power Corporation (-2.45%), KEPCO KPS (-2.80%), Woojin Entec (-2.91%), and Korea Electric Power Industry Development (-3.22%) all failed to escape the downward trend.
This weakness in nuclear stocks is largely interpreted as the result of deteriorating investor sentiment, as the KOSPI underwent a sharp correction amid foreign selling and sluggish large-cap stocks. Nuclear stocks were not free from the cold trend affecting the broader stock market.
The atmosphere in overseas markets following the domestic market close was also unfavorable. On the 5th (local time), the US stock market showed a weak trend centered around semiconductor stocks, with major indices performing poorly overall. Some market analysts suggest that concerns over a global economic slowdown, geopolitical risks, and uncertainty regarding US interest rates continue to pressure investor sentiment.
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