Electric Wire Stocks Close Lower Across the Board... Iljin Electric Plunges Over 6%, Taihan Cable Falls Over 4%, Only LS Eco Energy Rises Over 5%
On the 8th, electric wire-related stocks showed weakness across the board in the domestic stock market. Iljin Electric plunged more than 6%, and major stocks such as Taihan Cable and LS Marine Solution closed lower, while LS Eco Energy rose more than 5%, showing the only strong performance. By stoc

On the 8th, electric wire-related stocks showed weakness across the board in the domestic stock market. Iljin Electric plunged more than 6%, and major stocks such as Taihan Cable and LS Marine Solution closed lower, while LS Eco Energy rose more than 5%, showing the only strong performance.
By stock, Iljin Electric finished trading at 82,000 won, down 6.82% from the previous trading day, with a traded volume of 1,314,842 shares, recording the largest decline among major electric wire-related stocks.
Taihan Cable closed at 28,350 won, down 4.87%, with a traded volume of 2,900,455 shares, the highest among major electric wire stocks. LS Marine Solution also fell 5.75% to 31,950 won, and LS finished trading at 268,500 won, down 4.11% from the previous session.
In addition, KB Metal fell 3.61% to 5,880 won, Gaon Cable declined 2.28% to 299,500 won, and Daehan Wire dropped 2.78% to 12,590 won, joining the overall weakness of electric wire-related stocks.
Amid this, only LS Eco Energy showed a contrasting trend. It finished trading at 72,900 won, up 5.65% from the previous trading day, with a traded volume of 792,177 shares. It was the only stock to record gains while major electric wire-related stocks fell across the board, showing a differentiated performance.
Ultimately, electric wire-related stocks finished the regular trading session mostly lower, with the exception of LS Eco Energy. In the next trading session, whether major stocks such as Iljin Electric and Taihan Cable will rebound and whether LS Eco Energy's upward trend will continue are expected to be the key points to watch.
[This article is by no means a solicitation to invest. The content may be merely an opinion, so please do not use it as a reference for investment or as source material. All investments are made at each individual's own judgment, and the final responsibility lies with the investor. This publication bears no responsibility whatsoever.]
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