Domestic shipbuilding stocks uniformly exhibited weakness, taking a breath amid concerns over their recent steep gains. While expectations for an industry recovery and forecasts for large-scale orders remain valid, stock prices are adjusting as profit-taking sell-offs emerge following the short-term surge.

The trends of major shipbuilding stocks in the morning market on the 11th are as follows:

• Hanwha Ocean: Fell 6.90% from the previous trading day to 126,000 won. Although it showed strength during the session by rising to 113,200 won, selling pressure subsequently expanded, deepening the decline. • HD Korea Shipbuilding & Offshore Engineering: Remained weak, falling 6.10% to 362,000 won. • HD Hyundai Heavy Industries: Traded down 2.81% at 623,000 won. • Samsung Heavy Industries: Closed down 4.04% at 24,950 won. • Daehan Shipbuilding: Traded down 3.27% at 59,100 won, while HJ Heavy Industries also fell 1.72%.

The market analyzes that shipbuilding stocks have recently surged significantly, driven by expectations for orders for liquefied natural gas (LNG) carriers, naval vessels, and offshore plants, which has consequently increased the desire for short-term profit-taking. While the trend of increasing global ship orders and expanding demand for eco-friendly ship replacements continues, evaluations indicate that the short-term stock price rise was excessively rapid.

Nevertheless, the mid-to-long-term outlook for the shipbuilding industry remains positive. Energy transportation demand is increasing, centered around the United States and Europe, and orders for LNG carriers and high-value-added special vessels continue to be placed. Expectations for expanded exports of naval vessels in the defense sector are also cited as a key growth driver for the shipbuilding sector.

External variables are also drawing attention. Expectations for a de-escalation of tensions in the Middle East are forming as U.S. President Donald Trump engaged in direct talks with the Iranian side and mentioned the possibility of halting airstrikes. However, the possibility of further military action remains, which is pointed out as a key variable that could affect international oil prices and the shipping and shipbuilding industries.

The securities industry predicts that even if shipbuilding stocks undergo a short-term correction, sufficient re-evaluation is possible if the trend of increasing order backlogs and improving earnings continues. Investors are continuing to keep a close eye on future new order announcements, global ship ordering trends, and progress in the defense business.

[This article was written with the assistance of AI. This article is intended to provide information to assist in making investment decisions and does not recommend the purchase or sale of any specific stock. Losses from stock investments are borne by the investor, and investment decisions must be made under sufficient review and responsibility.]