Doosan, which has Hanjan Industry and Doosan Enerbility as subsidiaries, is showing a sharp rise in its stock price in the stock market on the 9th due to expectations of winning a nuclear power plant order in the Czech Republic.
As of 1:02 PM on the same day, Hanjan Industry's stock price was trading at 13,950 won, up 23.56% from the previous day's closing price. It started rising from the beginning of the session, fluctuated around the 12,000 won level, and then expanded its intraday gains in the afternoon.
Doosan, also considered a nuclear power stock, was traded at 236,000 won, up 6.79%. Doosan's preferred stocks, Doosan Woo and Doosan 2WooB, also rose 16.82% and 25.96%, respectively. The expectation is that if the subsidiary Doosan Enerbility increases its nuclear power plant orders, dividend and royalty income will also increase.
According to related industries, the Czech government will soon select the preferred negotiator for a new nuclear power plant construction project. There is speculation that Korean companies have a high chance of winning the order because the bidding competitor, Electricite de France (EDF), has a cooperative relationship with Russia.
Korea Hydro & Nuclear Power, which participated in the bidding, formed a team with Korea Electric Power Technology, KEPCO KPS, KEPCO Nuclear Fuel, Doosan Enerbility, and Daewoo Construction to compete for the Czech nuclear power plant order.
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