Nyse Order Imbalance 35687.0 Shares On Sell Side

Posco Holdings' shares are likely to have a re-rating opportunity, given the South Korean steelmaker's resilient domestic earnings supported by Seoul's antidumping duties on Chinese and Japanese steel, Nomura analyst Cindy Park writes in a note. Uncertain U.S.-China geopolitical relations are also expected to work in Posco's favor, strengthening its battery-materials business relative to its Chinese rivals, at a time when demand for energy-storage-system batteries is rising, Park says. She is positive about Posco's corporate restructuring efforts that have generated cumulative proceeds of KRW1.4 trillion since 2024. She expects Posco to announce a new shareholder return program in April 2026 that will likely increase dividend payouts. (kwanwoo.jun@wsj.com)

("Seoul Closing Stock Prices," at 0700 GMT, listed incorrect data in the table. The correct version follows: )

                                   Close         Prior     Change   % Change 
                                   -----         -----     ------   -------- 
 CJ                           168,800.00    170,500.00    -1700.00      -1.00 
 Daishin Securities            29,950.00     30,150.00    -200.00      -0.66 
 DL Holdings                   43,000.00     41,800.00   +1200.00      +2.87 
 HS Hyosung                    70,000.00     71,400.00   -1400.00      -1.96 
 Hyundai Engineer & Constr     65,200.00     62,000.00   +3200.00      +5.16 
 Hyundai Motor                278,500.00    275,500.00   +3000.00      +1.09 
 Korea Electric Power          49,250.00     47,650.00   +1600.00      +3.36 
 Korean Air Lines              22,300.00     22,300.00      00.00       0.00 
 LG                            84,700.00     85,400.00    -700.00      -0.82 
 POSCO Holdings               321,500.00    318,500.00   +3000.00      +0.94 
 Samsung Electronics          102,800.00    103,100.00    -300.00      -0.29 
 Samsung Fire & Marine Ins    500,000.00    522,000.00  -22000.00      -4.21 
 Samsung Heavy Industries      26,500.00     26,250.00    +250.00      +0.95 
 SK Telecom                    54,100.00     54,100.00    00.00       00.00 
Prices in won 
Source: FactSet 

                                   Close         Prior     Change   % Change 
                                   -----         -----     ------   -------- 
 CJ                           169,600.00    169,600.00    -900.00      -0.53 
 Daishin Securities            29,800.00     29,800.00    -350.00      -1.16 
 DL Holdings                   43,250.00     43,250.00   +1450.00      +3.47 
 HS Hyosung                    70,700.00     70,700.00    -700.00      -0.98 
 Hyundai Engineer & Constr     64,500.00     64,500.00   +2500.00      +4.03 
 Hyundai Motor                278,750.00    278,750.00   +3250.00      +1.18 
 Korea Electric Power          49,325.00     49,325.00   +1675.00      +3.52 
 Korean Air Lines              22,200.00     22,200.00    -100.00      -0.45 
 LG                            85,000.00     85,000.00    -400.00      -0.47 
 POSCO Holdings               324,000.00    324,000.00   +5500.00      +1.73 
 Samsung Electronics          104,000.00    104,000.00    +900.00      +0.87 
 Samsung Fire & Marine Ins    504,000.00    504,000.00  -18000.00      -3.45 
 Samsung Heavy Industries      26,650.00     26,650.00    +400.00      +1.52 
 SK Telecom                    54,200.00     54,200.00    +100.00      +0.18 
 
Prices in won 
Source: FactSet 

By Kwanwoo Jun

Shares in Posco Holdings rose after the South Korean steel giant announced a lithium business investment of about $765 million in Australia.

The company's stock climbed 5.1% to close at 318,500 won, equivalent to $218.03, on Wednesday, its sharpest daily percentage gain in about a month. The benchmark Kospi gained 1.1%.

The stock advanced after Posco Holdings, parent of battery-material supplier Posco Future M, confirmed in a regulatory filing that it had agreed to buy a 30% stake in the lithium business of Australia's Mineral Resources for 1.112 trillion won.

Posco will secure the stake in the operational lithium business through a new joint venture that will hold Mineral Resources' 50% stake each in the Wodgina and Mt Marion lithium mines in Western Australia, the Australian miner said in a statement.

Posco will receive spodumene concentrate, an essential source of lithium, in proportion to its stake in the joint venture that will underpin its future investment in new downstream processing facilities.

Mineral Resources expects the deal with Posco, which has been approved by the directors of both companies, to be completed in the first half of 2026.

In a separate statement Wednesday, Posco said the latest lithium deal is part of its continuing effort to "enhance cost competitiveness and secure a stable supply of raw materials through rapid and aggressive investment" in global lithium resources.

Last week, the Korean steelmaker moved to acquire full ownership of an Argentine subsidiary of Canada's Lithium South Development for about 95 billion won. Posco said the Canadian resources developer holds lithium mining rights in and around the Hombre Muerto salt lake.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

By Kwanwoo Jun

Posco Holdings' shares rose after the South Korean steel giant announced a lithium business investment of about $765 million in Australia.

The company's stock rose as much as 6.6% to 323,000 won, equivalent to $222.11, in early Wednesday trading, on course for its largest daily percentage gain in more than four months, outperforming the benchmark Kospi's 0.8% gain.

The stock advanced after Posco Holdings, parent of battery-material supplier Posco Future M, confirmed in a regulatory filing that it had agreed to buy 30% of the lithium business of Australia's Mineral Resources for 1.112 trillion won.

Posco will secure the 30% stake in its operational lithium business under a new joint venture that will hold Mineral Resources' 50% stake each in the Wodgina and Mt Marion lithium mines in Western Australia, Mineral Resources said in a statement.

Posco will receive spodumene concentrate, an essential source of lithium, in proportion to its stake in the joint venture that will underpin its future investment in new downstream processing facilities.

Mineral Resources expects the deal with Posco, which has been approved by the directors of both companies, to be completed in the first half of 2026.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

                                   Close         Prior     Change   % Change 
                                   -----         -----     ------   -------- 
 CJ                           176,500.00    176,500.00  +10400.00      +6.26 
 Daishin Securities            28,800.00     28,800.00   +1000.00      +3.60 
 DL Holdings                   39,500.00     39,500.00   +3100.00      +8.52 
 HS Hyosung                    71,300.00     71,300.00  +10100.00     +16.50 
 Hyundai Engineer & Constr     63,100.00     63,100.00   +1200.00      +1.94 
 Hyundai Motor                270,500.00    270,500.00   +6500.00      +2.46 
 Korea Electric Power          46,250.00     46,250.00   +2150.00      +4.88 
 Korean Air Lines              22,000.00     22,000.00    +300.00      +1.38 
 LG                            85,300.00     85,300.00   +3200.00      +3.90 
 POSCO Holdings               303,500.00    303,500.00   +4500.00      +1.51 
 Samsung Electronics          100,600.00    100,600.00   +2700.00      +2.76 
 Samsung Fire & Marine Ins    511,000.00    511,000.00  +23000.00      +4.71 
 Samsung Heavy Industries      27,050.00     27,050.00    +750.00      +2.85 
 SK Telecom                    53,900.00     53,900.00    +500.00      +0.94 
 
Prices in won 
Source: FactSet