Daewon Cable surged more than 8% during trading on the 3rd. With uncertainty in the Middle East situation resurfacing, investors' attention has focused on power infrastructure-related stocks.

According to the Korea Exchange on the 3rd, Daewon Cable traded at 13,050 won, up 1,060 won (8.84%) from the previous trading day. At one point during the session, the stock expanded its gains to as high as 13,570 won, with trading volume reaching approximately 32.05 million shares. Trading value also exceeded 410.1 billion won, as active trading continued.

In the market that day, it is interpreted that Iran's continued hardline stance toward the United States and Israel, which reignited tensions in the Middle East, affected investor sentiment. The perception spread that geopolitical risks have not been fully resolved, as the war of nerves between the two sides has continued even after the ceasefire.

Expectations for Demand in Power Infrastructure Stocks

When geopolitical anxiety increases, the importance of securing energy security and power grid stability is highlighted, and it is not uncommon for industries related to power cables and transmission and distribution equipment to attract attention.

The market sees expectations for power demand growth, driven by expanded global power grid investment and the increase in AI data centers, as a supporting factor for investor sentiment in related stocks.

Daewon Cable is a company that produces power cables and industrial cables, and is mentioned as a representative cable-related stock when expectations build for the construction of domestic and international transmission and distribution networks and expanded investment in power infrastructure.

Meanwhile, based on the market price during the session on that day, Daewon Cable's market capitalization was recorded at approximately 1.0233 trillion won.

[This is an article written with the assistance of AI. This article is not intended to solicit investment, and the judgment and responsibility for investing lie with the investor.]