[Edaily Reporter PARK MIN ] Even amid the market crash on the 6th, when the KOSPI plummeted more than 8% and fell below the 5,000 mark, some renewable energy-related stocks are showing a divergent trend, rebounding by 5–6%.

According to MP Doctor, as of 9:33 a.m. today, Dae Myoung Energy Co. Ltd.(389260), which operates in the renewable energy power generation sector, is showing a steady upward trend, trading at 15,080 won—up 6.65% (940 won) from the previous trading day. KUMYANG GREEN POWER CO., Ltd.(282720), which has momentum from plant and renewable energy orders, is also trading in the green at 9,190 won, up 5.15% (450 won).

KANGWON ENERGY(114190), which operates in the lithium-ion battery plant and lithium businesses, is also showing strong upward momentum, surging 10.47% (800 won) to 8,440 won.

At the same time, the KOSPI index is trading at 4,923.47, plummeting 460.33 points (8.55%) from the previous trading day. The KOSPI, which opened with a gap down early in the session, was pushed down to near its intraday low (4,911.28) as selling pressure intensified, continuing its precarious trend below the 5,000 mark.

Securities analysts attribute this to the “blue tsunami”—the shockwaves from the Democrats’ takeover of Congress in the U.S. midterm elections—which triggered panic selling across the market. This has led to a flood of passive and margin-based selling, weighing down stock prices across all sectors.

On the other hand, analysts predict that as the Democratic Party’s policy influence expands, the likelihood of resuming previously stalled eco-friendly project development is increasing, leading to selective bargain-hunting in small- and mid-cap renewable energy and energy storage system (ESS) stocks.