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Power Cable Stocks Rally Across the Board… LS Eco Energy Leads with 6% Gain, Iljin Electric, Taihan Cable, and Gaon Cable Rise Together

Power cable-related stocks rose across the board in the domestic market on the morning of the 2nd, showing an overall strong trend. As of 11:42 a.m. on the 2nd, LS Eco Energy was trading at 67,100 won, up 6.17% from the previous trading day, marking the most notable gain among major power cable-rel

Oseong Kwon
Staff Reporter
3 min read
Power Cable Stocks Rally Across the Board… LS Eco Energy Leads with 6% Gain, Iljin Electric, Taihan Cable, and Gaon Cable Rise Together
CBC News

Power cable-related stocks rose across the board in the domestic market on the morning of the 2nd, showing an overall strong trend.

As of 11:42 a.m. on the 2nd, LS Eco Energy was trading at 67,100 won, up 6.17% from the previous trading day, marking the most notable gain among major power cable-related stocks that day.

Iljin Electric was trading at 86,900 won, up 4.83%, while Taihan Cable rose 4.15% to 34,100 won, both maintaining gains in the 4% range. Gaon Cable was trading at 330,000 won, up 3.77%, and Daewon Cable also recorded 13,480 won, up 2.90%.

In addition, KBI Metal was trading at 6,460 won, up 1.41%, and LS Marine Solutions rose 0.92% to 33,000 won. LS also recorded 290,900 won, up 0.34%, joining the upward trend.

As related stocks rose in unison that day, attention is focused on whether the overall strength of power cable stocks will continue in the afternoon session. In particular, as price fluctuations by stock could widen depending on changes in supply and demand during the session, it is necessary to monitor the trends.

[Stock prices can fluctuate sharply due to various domestic and international factors. Responsibility for investments lies with the investor, and when investing, one must comprehensively consider each stock's business details, performance, and market conditions.]

Oseong Kwon
Staff Reporter

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