Overnight, hydrogen-related stocks showed strength in the U.S. New York stock market, leading to an increase in the stock prices of domestic hydrogen-listed companies.
Doosan Fuel Cell stocks, which develop hydrogen fuel cell systems, were traded at 24,750 won on the KOSPI market at 9:10 a.m. on the 10th. This is an increase of 8.79% (2,000 won) from the previous day.
ILJIN Hysolus, which manufactures high-pressure hydrogen containers, also saw its stock price rise by 6.57% (1,050 won) at the same time. In addition, other hydrogen-related stocks, such as범함퓨얼셀 and S-Fuelcell, are also showing strength.
This is interpreted as the effect of the sharp rise in stock prices of U.S. hydrogen companies that had been struggling. On the 9th (local time), the stock price of Plug Power, a company engaged in the hydrogen fuel cell business, jumped by 25.35%. Bloom Energy's stock price also rose by 18.15%.
The inclusion of fuel cells again in the tax credit under 'One Big Beautiful Bill Act' (OBBBA), which encapsulates key policies of President Donald Trump, is cited as a driving force behind the stock price increase. The decision to expand investments in the hydrogen industry centered around Texas also stimulated investor sentiment.