Doosan Enerbility (034020) finished the regular session on the 14th on a strong note, ahead of the weekend and the substitute holiday for Liberation Day. Investor attention is now focused on the stock's price movement on the 18th, the first trading day after the extended holiday.

Market on the 14th: KOSPI Gains in Tandem

Doosan Enerbility closed at 82,600 won, up 1,700 won (2.10%) from the previous trading day. The KOSPI index also ended the session at 6,977.94, up 164.60 points (2.42%), as the broader market showed strength.

TerraPower SMR Partnership Takes Shape with Equipment Fabrication Contract

Behind the rally is the fact that the small modular reactor (SMR) partnership between Doosan Enerbility and U.S.-based TerraPower is becoming concrete. Doosan Enerbility announced on the 14th that it had signed a contract with TerraPower for the fabrication of key equipment for sodium reactors. Under the agreement, the company will manufacture the reactor guard vessel, reactor support structures, and reactor internal structures, among other components.

Doosan Enerbility previously signed a contract in December 2024 for a manufacturability review of the core equipment for TerraPower's first SMR and has since maintained the cooperative relationship through design improvement work. As this fabrication contract moves the two companies' cooperation into the actual equipment supply stage, attention is focused on how the business will unfold going forward.

TerraPower's first nuclear power plant is under construction in Kemmerer, Wyoming, in the United States, where a 345MW advanced reactor is set to be installed.

Bill Gates' Korea Visit Includes Talks on Next-Generation Nuclear Cooperation

The visit to Korea by Bill Gates, founder of TerraPower and chairman of the Gates Foundation, has also drawn attention in the nuclear power industry. During his stay, Gates has been meeting with key figures in Korean politics and business to discuss ways to cooperate in next-generation nuclear fields, including SMRs. On the 14th, he met with HD Hyundai Chairman Chung Ki-sun and others to expand related cooperation.

Key Points to Watch on the 18th

Accordingly, how SMR-related developments after the holiday will affect investor sentiment — not only for Doosan Enerbility but also for the domestic nuclear power and SMR theme group as a whole — is expected to be a key point of interest.

It remains to be seen whether Doosan Enerbility will extend its upward momentum on the 18th, when trading resumes after the weekend and the substitute holiday on the 17th, or whether share price volatility will emerge amid short-term profit-taking. However, as the stock market can see volatility expand depending on domestic and external variables, investors need to keep monitoring the price movements of individual stocks and related themes.

[This article is provided for informational purposes only and does not constitute investment solicitation or a buy/sell recommendation for any specific stock. Final investment decisions and responsibility rest with the investor.]