Electric and cable-related stocks such as Gaon Cable, Taihan Cable, and Daewon Cable all showed strength in intraday trading on the 7th. As power infrastructure expansion and increased power grid investment are being cited as mid- to long-term growth drivers, buying interest is flowing into major cable stocks.

■ Stock-by-Stock Movements

As of the morning of the 7th, Gaon Cable was trading at 221,500 won, up 4.48% from the previous trading day. It rose as high as 224,500 won intraday, with trading volume exceeding 240,000 shares.

Taihan Cable is also strong, gaining 4.93% to trade at 28,750 won, with an intraday high of 28,950 won, approaching the 29,000-won level.

Daewon Cable was up 2.71%, trading at 13,280 won. It rose as high as 13,380 won intraday, with trading volume surpassing 530,000 shares. Daewon Cable preferred shares also rose around 1%, showing the warmth spreading across cable stocks broadly.

Along with cable stocks, power equipment-related stocks are also showing strength. LS ELECTRIC rose more than 3%, adding momentum to the broad uptrend in power infrastructure-related stocks.

■ Reasons for the Rise... Expectations of Expanded Power Infrastructure Investment

Electric and cable stocks are a sector where growing power demand, replacement of aging power grids, and expanded power infrastructure investment driven by the spread of data centers and artificial intelligence (AI) are cited as major growth drivers. Even if power generation capacity is increased, transmission and distribution networks must be expanded to deliver the generated power to demand sources, which is why cable and power equipment companies are often grouped together.

In particular, as industries consuming large amounts of power, including AI data centers, grow, the importance of power infrastructure such as transmission networks, transformers, and extra-high-voltage cables is increasing. Whether domestic cable companies win overseas power grid projects and extra-high-voltage cable orders is also a variable that will shape the mid- to long-term trend of related stocks.

■ Hard to Pinpoint Cause of Rise... Future Checkpoints

However, the mere fact that these related stocks are rising simultaneously does not make it possible to conclude that a specific catalyst drove the overall gains. The uploaded market data shows individual stock prices, percentage changes, and trading volumes, but does not include news or disclosure content that could identify a specific cause of the rise.

Going forward, the trend of electric and cable-related stocks should be assessed in light of △the scale of global power grid investment △extra-high-voltage cable orders △movements in copper prices, a key raw material △whether overseas production capacity is expanded.

[※ This article was written for the purpose of providing information on the domestic stock market and related stocks, and does not recommend the purchase or sale of specific stocks or guarantee investment returns. Stock prices may fluctuate depending on market conditions, corporate performance, supply and demand, and external variables. Investment decisions and the responsibility for them rest with the investor. This article was written with AI assistance.]