In July, domestic stock markets saw secondary battery-related stocks show strong performance, achieving the highest sector revenue.
According to the Korea Exchange on the 27th, the 'KRX Secondary Battery TOP10' index surged 15.8% this month, marking the highest growth rate among exchange theme indices.
This index includes LG Energy Solution, POSCO Holdings, LG CHEM, SK Innovation, Samsung SDI, POSCO FUTURE M, Ecopro, ECOPRO BM, SKC, and Ecopro.
Last year, the secondary battery stocks showed weakness due to declining demand for electric vehicles and concerns over U.S. tariffs, but recently they successfully rebounded amid rising lithium prices and increased U.S. trade regulations against China.
Foreign investors expanded their buying spree centered on major stocks like LG Energy Solution, POSCO Holdings, and L&F in line with this trend.
However, individual investors are paying attention to the potential decline of secondary battery stocks.
Experts are focusing on the possibility of adjustments, considering that the recent surge in stock prices was excessive, the continuous rise in lithium prices is uncertain, and there is a potential reduction in U.S. electric vehicle subsidies in September.
However, there is also hope that the growth of the energy storage system (ESS) market may drive future battery demand.
Jung Won-seok, a researcher at iM Securities, noted, "Despite the slowdown in North American electric vehicle demand, depending on whether market share expands in the ESS market, the performance improvement of domestic battery cell companies could exceed market expectations."