On the 17th, cable stocks surged across the board in the domestic stock market, drawing investors' attention. The convergence of expectations from the expansion of global power grid construction, investments in ultra-high-voltage transmission networks, and forecasts of rising power demand from data centers led buying to concentrate on certain stocks.

Gaon Cable soared to the daily price limit, trading at 341,000 won, with trading volume also surging, reflecting intense market interest. Daehan Cable recorded an increase of over 4%, and Daewon Cable also posted double-digit gains. Daewon Cable's preferred shares, Daewon Cable Preferred, showed a strong upward trend, approaching the daily upper limit.

The enthusiasm for cable stocks also spread to transformer and power equipment-related stocks. Major power facility companies such as Iljin Electric, Sanil Electric, and HD Hyundai Electric all rose in unison, with HD Hyundai Electric in particular climbing by the high 2% range, maintaining a solid trend. Seondo Electric and Samsung Electro-Mechanics also performed well.

On the other hand, some large-cap electrical and electronics stocks, including Samsung Electronics, LG Display, and LG Electronics, experienced profit-taking sell-offs and recorded declines, resulting in a clear trend of sector differentiation.

Market observers note that as expectations continue regarding the benefits of power grid investments driven by growing global power demand and the expansion of AI data centers, interest in cable and power equipment-related stocks is likely to persist for the time being.

※ This article was written based on provided market data and does not constitute investment advice. Investment decisions and responsibilities lie with the investor. This article was written with AI assistance. [※ This is an AI-assisted article. Investment decisions are the responsibility of the investor, and the content included in this article may change depending on market conditions.]