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[Featured Stocks] Daemyung Energy Hits Upper Limit, Kummyang Green Power Up 27%... Renewable Energy Stocks Including Hanwha Solutions Surge

Some renewable energy-related stocks are showing steep gains in the morning session on the 4th. Daemyung Energy and Kummyang Green Power have soared more than 20%, while some names, including Hanwha Solutions, are also showing strength. ■ Daemyung Energy Hits Upper Limit... Kummyang Green Power Als

Oseong Kwon
Staff Reporter
4 min read
[Featured Stocks] Daemyung Energy Hits Upper Limit, Kummyang Green Power Up 27%... Renewable Energy Stocks Including Hanwha Solutions Surge
CBC News

Some renewable energy-related stocks are showing steep gains in the morning session on the 4th. Daemyung Energy and Kummyang Green Power have soared more than 20%, while some names, including Hanwha Solutions, are also showing strength.

■ Daemyung Energy Hits Upper Limit... Kummyang Green Power Also Surges 27%

As of 11:28 a.m. on the 4th, Daemyung Energy was trading at 13,750 won, up 3,170 won (+29.96%) from the previous day, reaching its upper price limit. This marks the most notable move among renewable energy-related stocks today.

At the same time, Kummyang Green Power was trading at 8,270 won, up 1,790 won (+27.62%). Along with Daemyung Energy, it is recording gains in the 20-percent range, continuing a strong upward trend.

Paru was also trading at 1,461 won, up 210 won (+16.79%), joining the rally in related stocks with a double-digit gain.

■ Major Stocks Including Hanwha Solutions Also Show Strength

Other major stocks moved as follows:

· S-POLYTECH: up 91 won (+8.07%) to 1,219 won · SDN: up 220 won (+4.65%) to 4,950 won · Hanwha Solutions: up 1,600 won (+6.78%) to 25,200 won · S-Energy: up 200 won (+4.06%) to 5,130 won · HD Hyundai Energy Solutions: up 3,500 won (+4.45%) to 82,100 won

■ Varied Gains by Stock... Afternoon Session Is Key

While some renewable energy-related stocks posted double-digit gains today, others rose only single digits, showing divergence in the magnitude of gains across names. It is also noteworthy that some renewable energy-related stocks are surging even as the broader Korean market shows overall weakness.

However, whether the morning rally will continue into the afternoon session remains to be seen. Key points to watch include whether Daemyung Energy stays at its upper limit, the possibility of further gains for Kummyang Green Power, and whether major related stocks such as Hanwha Solutions can hold on to their gains. With the potential for increased intraday volatility, attention is focused on the future movements of renewable energy-related stocks.

[※ This article is for reference only in making investment decisions, and the final responsibility for investments lies with the investor.]

Oseong Kwon
Staff Reporter

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