On the morning of the 25th, stocks related to nuclear power generation are showing an upward trend. The news of a large nuclear power order contract worth 24 trillion won with the Czech Republic is interpreted as having improved buying sentiment.
Doosan Enerbility, considered the leading stock in the nuclear power sector, is trading at 27,750 won on the KOSPI market as of 9:50 a.m. on the 25th. The stock price has risen by 3.16% (850 won) compared to the previous day.
Stocks of KEPCO E&C, KEPID, and WOOJIN Ntec, which are related to nuclear power generation, are also on the rise.
It is reported that Korea Hydro & Nuclear Power and the Czech government are nearing the final contract for a nuclear power plant construction worth approximately 24 trillion won, which has attracted buying interest.
According to Reuters, the Czech competition authority has made a final ruling that there are no issues with the selection of KHNP as the preferred bidder for the nuclear power plant construction project. Both parties initially planned to finalize the contract by March of this year, but the contract was delayed after a competing company, which was eliminated from the preferred bidder selection, filed a complaint with the competition authority.