During trading on the 9th, domestic cable stocks showed broad strength. Expectations for increased power demand driven by the expansion of AI data centers and power grid investment fueled continued buying interest in related stocks.

As of the morning session, Taihan Cable traded at 28,600 won, up 400 won (1.42%) from the previous trading day. Daehan Cable also gained 100 won (1.01%) to record 10,020 won. LS ELECTRIC rose 1.96% to 187,100 won, Samwha Electric climbed 2.95% to 24,400 won, and Kumho Electric increased 1.54% to 1,322 won, with power infrastructure-related stocks rising across the board. Meanwhile, Gaon Cable declined 6.45% to 217,500 won as profit-taking selling pressure emerged.

What Are the Upward Drivers?

The market expects that as the AI industry spreads and data center construction increases, demand for extra-high-voltage cables and power transmission and distribution equipment will continue to expand. Policies by various countries to replace aging power grids and expand renewable energy also support the medium- to long-term growth outlook for the cable industry.

Additionally, some analysts note that with military tensions between the United States and Iran reigniting and uncertainty in the global energy supply chain growing, the need for power grid stability and energy infrastructure investment is being highlighted. As a result, investment sentiment is improving across the broader power equipment sector, including cables and transformers.

Need to Assess Risks

Securities firms advised that cable stock prices are influenced not only by short-term investment sentiment but also by a variety of factors including copper prices, overseas order performance, and the scale of power grid investment, and therefore investors should simultaneously assess each company's order competitiveness and whether earnings are improving.

[This article was written with AI assistance, and the content was composed based on publicly available data and market information. Some information may change over time, so readers are advised to verify official sources such as Korea Exchange disclosures and corporate filings before making investment decisions. This article is not intended to recommend the purchase or sale of any specific stock or to solicit investment, and the final judgment and responsibility for investment decisions rest with the reader.]