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Lithium-Related Stocks Open Mixed...Hussoong Soars 4.80%, POSCO Holdings and POSCO Future M Weaken

Lithium and secondary battery materials stocks showed clearly divergent movements by stock on the morning of the 7th. Hussoong, Kwangmu, and Enchem are rising, while Lithium Plus, Hydrolithium, POSCO Holdings, and POSCO Future M are weakening. ■ Rising Stocks: Hussoong Soars 4.80%...Kwangmu and Enc

Wooil Shim
Staff Reporter
6 min read
Lithium-Related Stocks Open Mixed...Hussoong Soars 4.80%, POSCO Holdings and POSCO Future M Weaken
CBC News

Lithium and secondary battery materials stocks showed clearly divergent movements by stock on the morning of the 7th. Hussoong, Kwangmu, and Enchem are rising, while Lithium Plus, Hydrolithium, POSCO Holdings, and POSCO Future M are weakening.

■ Rising Stocks: Hussoong Soars 4.80%...Kwangmu and Enchem Also Strong

On the morning of the trading day, Hussoong was trading at 13,100 won, up 4.80% from the previous session. After opening at 12,670 won, it rose to as high as 13,220 won during the session, and trading volume exceeded 1.08 million shares, with active trading continuing.

Kwangmu was strong, up 3.57% at 1,478 won, having risen to 1,495 won during the session. Enchem, an electrolyte-related stock, was also trading up 1.45% at 21,000 won, having risen to 21,450 won during the session.

Among large-cap stocks, LG Energy Solution was trading up 0.56% at 360,500 won. In addition, Daebo Magnetic rose 0.52%, Jungang Cheomdan Materials 0.50%, and Ecopro 0.36%. Cosmo Chemical and Posco M-Tech also rose 0.29% and 0.08%, respectively.

■ Declining Stocks: Lithium Plus, POSCO Holdings and Others Weaken

Meanwhile, among lithium-related stocks, Lithium Plus was trading down 1.56% at 1,703 won. Hydrolithium also fell 1.02% to 485 won, showing divergent price movements even among direct lithium-themed stocks.

POSCO Holdings was down 1.26% at 332,750 won, and POSCO Future M was trading down 0.76% at 182,200 won. LG Chem also fell 1.06% to 279,000 won. Sungil Hitech, a battery recycling-related stock, was down 1.21%, while Cheonbo fell 0.50% and Mirae Nanotech weakened 0.29%. Gangwon Energy and Saebit Chem were moving in flat territory.

■ Market Focus: Clear Differentiation Among Stocks Within the Theme

The characteristic of lithium-related stocks on this day is that individual stocks are clearly differentiated rather than the entire theme moving in one direction. Buying is flowing into some materials stocks such as Hussoong and Kwangmu, but some stocks with high relevance to the lithium business and major secondary battery materials stocks are showing relatively weak trends.

The stock prices of lithium-related stocks can vary depending not only on lithium prices but also on battery demand for electric vehicles and energy storage systems (ESS), prices of materials such as cathode materials and electrolytes, and individual companies' production capacity and order situations. Even if classified under the same lithium theme, it is necessary to examine the actual business structure and the earnings contribution of the lithium business separately.

[※ This article was written for the purpose of providing information on the domestic stock market and related stocks, and does not recommend buying or selling specific stocks or guarantee investment returns. Stock prices can change rapidly depending on market conditions, and investment decisions and the responsibility for them rest with the investor. This article was written with AI assistance.]

Wooil Shim
Staff Reporter

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