Economy/Home · Economy

Doosan Enerbility Pushes to Recover '70,000 Won' on First Trading Day After Holiday... Weak US Markets and Mixed Nuclear Stocks Pose Variables

Market attention is focusing on what direction Doosan Enerbility (034020) will take in the domestic stock market on the 20th, following the Constitution Day hol

Oseong Kwon
Staff Reporter
4 min read
Doosan Enerbility Pushes to Recover '70,000 Won' on First Trading Day After Holiday... Weak US Markets and Mixed Nuclear Stocks Pose Variables
CBC News

Market attention is focusing on what direction Doosan Enerbility (034020) will take in the domestic stock market on the 20th, following the Constitution Day holiday and weekend.

After closing below the 70,000-won level in the regular session on the 16th and facing adjustment pressure amid recently expanding stock market volatility, investors are closely watching whether the stock can recover the 70,000-won level.

In the upcoming session, beyond a simple rebound, key variables to watch include the intensity of buying pressure inflows and whether investor sentiment across nuclear power-related stocks will recover.

■ Weak US Stock Market... Tech Investment Sentiment Shrinks

While the domestic market was closed for Constitution Day, the US market showed an overall downward trend. On July 17 (local time), the Dow Jones Industrial Average closed at 52,146.42, down 406.55 points (0.77%) from the previous session. The S&P 500 index fell 76.08 points (1.01%) to 7,457.69, and the Nasdaq Composite index finished trading at 25,520.24, down 361.71 points (1.40%).

Weakness in the semiconductor sector also persisted. The Philadelphia Semiconductor Index dropped 1.63%, and the Nasdaq 100 index also fell 1.49%, reflecting a shrinking investment sentiment across tech stocks in general.

■ US Nuclear Stocks Mixed... Oklo Down, NuScale Power Up

Meanwhile, US nuclear power-related stocks showed mixed performance. Oklo fell 1.41%, while NuScale Power rose 1.04%, indicating a trend of differentiation among individual stocks.

Accordingly, attention is also focusing on the direction of Doosan Enerbility and other related stocks, which are the representative domestic nuclear power stocks.

The market expects that US stock market trends, movements in global nuclear power-related stocks, and risk asset investment sentiment will act as major variables determining the short-term direction of Doosan Enerbility's share price this week.

[※ This article is for reference in making investment decisions and does not recommend buying or selling any specific stock. The final responsibility for investment lies with the investor.]

Oseong Kwon
Staff Reporter

CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.