Robot stocks' average 155% gain this year, LG Electronics and Doosan Robotics strong
3 days into the year, robot-related stocks on the domestic market have risen by an average of 155%. LG Electronics recorded the upper price limit 3 times, gaining 329%, while Hyundai Motor Group affiliates and Doosan Robotics also showed strength.
3 days into the year, robot-related stocks on the domestic market have risen by an average of 155%. Industry sources said interest in robot stocks has grown due to NVIDIA's leadership and expanding AI demand. Robotics is emerging as a major market driver, following semiconductors and AI.
LG Electronics has recorded the upper price limit 3 times this year, gaining 329%. The stock has shown a notable trading pattern as large moves have repeated. The article presented LG Electronics' share-price increase as a representative example.
Hyundai Motor Group's robot-related affiliates and Doosan Robotics also showed strength during the year. Investor interest appeared concentrated in multiple stocks. The specific gains and losses varied by stock.
The article said that a series of events expected to drive stock prices higher are scheduled for the second half of the year as well. It reported that schedules such as companies’ product launches and earnings announcements will continue. It also included the possibility that these events could affect the trend in robotics stocks.
In the South Korean stock market, robotics has emerged as a new leading sector following AI and semiconductors. Related stocks drew attention by surging and repeatedly hitting the upper price limit. The article summarized that favorable developments and scheduled events related to robotics remain.
Sources: 매일경제 증권
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