OCI shares jump on SpaceX deal buzz

OCI Holdings shares surged Friday on expectations of rising solar demand and a potential supply deal with SpaceX. The stock rose 9.16 percent to 351,500 won as of 10:36 a.m., according to the Korea Exchange. The gains were driven by optimism that new demand — including from emerging space-based applications — could lift the polysilicon market, with OCI seen as a key beneficiary. “The outlook for Korean solar stocks will largely depend on partnerships with Elon Musk,” said Lee Jin-ho, an analyst

By The Korea Herald