Driven by expectations of expanded investment in power infrastructure and data centers, Daewon Cable recorded double-digit gains.

As of 4 p.m. on the 12th, Daewon Cable closed at 16,030 won, up 1,510 won (10.40%) from the previous trading day. Trading volume on this day surged to 27,661,642 shares.

The recent stock price trend has also been steep. Daewon Cable fell to 10,050 won on July 29 before rebounding to 10,320 won on the 30th and 13,000 won on the 31st. Into August, the stock continued to rise, reaching 13,790 won on the 4th and 15,450 won on the 5th. After a subsequent correction, it returned to an upward trend at 14,520 won on the 11th and surpassed the 16,000 won level on this day.

Cable stocks are an industry that reacts sensitively to trends in power grid expansion and increased investment in transmission and distribution facilities. In particular, as large-scale power-consuming facilities such as AI data centers and semiconductor factories increase in the global market, the need to expand not only power generation but also transmission and distribution infrastructure is growing. S&P Global analyzed that the expansion of AI data centers and related power infrastructure could significantly increase copper demand in the long term. This trend is expected to lead to increased demand for power cables and distribution networks, positively impacting cable companies.

However, cost burdens and external factors must also be considered. If the price of copper, a key raw material in cable manufacturing, remains at high levels, it could act as a limiting factor for earnings despite demand growth. Additionally, geopolitical conflicts surrounding the United States and Iran and tensions in the Middle East are also variables. Recently, international oil prices have been rising due to news of ship attacks near the Strait of Hormuz and Bab el-Mandeb. On the 12th, Brent crude rose to the $89 per barrel range and WTI to the $84 range, highlighting energy supply uncertainties.

If Middle East tensions persist, inflationary pressures from rising oil prices and increased transportation costs could burden global stock markets. On the other hand, as the need for national energy security and power grid investment becomes more prominent, power infrastructure-related stocks may form a separate investment theme. While the domestic KOSPI showed strong gains among Asian markets on the 12th, concerns over war in the Middle East and disruptions to crude oil supply remain key market variables.

Daewon Cable's future stock price direction depends on whether the short-term increase in trading volume translates into actual orders and earnings improvements. It is necessary to continuously monitor complex indicators such as power grid investment expansion, data center power demand growth, copper price movements, and raw material and logistics cost fluctuations resulting from the Middle East conflict.

[This article is intended to provide information for investment reference purposes and does not recommend the purchase or sale of any specific stock. International developments and commodity prices can change rapidly, and stock investments carry the risk of principal loss. Investment decisions and responsibilities rest solely with the investor. This article was written with AI assistance.]