[Special Stock] Hanwha Ocean Rises for 7 Days Straight...Touches 95,000 Won

Hanwha Ocean continued its upward trend for the seventh consecutive trading day, reaching a new 52-week intraday high.

As of 9:11 a.m. on June 18, Hanwha Ocean was trading at 94,300 won on the Korea Exchange, up 2,300 won (2.50%) from the previous day. During the session, the stock climbed as high as 95,800 won, setting a new 52-week high.

Persistent institutional buying has been driving the share price higher. Institutions have been net buyers of Hanwha Ocean for the past six consecutive days.

Expectations for entry into the U.S. market and other factors are believed to be fueling the stock's rise. Kang Kyungtae, a researcher at Korea Investment & Securities, said, "Hanwha Ocean is the shipbuilder best positioned to respond quickly to the U.S. government's call for cooperation in the shipbuilding industry, and order wins are expected as related legislation passes." He added, "It is also important to note the growth potential of Hanwha Ocean's core business, with EBITDA projected to increase by 36.5% in 2026, 37.4% in 2027, and 8.1% in 2028 compared to the previous year."