A Democratic sweep of both chambers in the US midterms sparked a rally in South
Korean battery names. LG Energy Solution rose more than 4%, Samsung SDI jumped
over 10% and SK Innovation gained more than 2%. Battery-materials stocks POSCO
Holdings and LG Chem each advanced over 2%. Investors cited expectations that
Democrats will favour stronger climate and EV-supportive policies. The KOSPI
erased earlier losses to trade higher, with strength in battery makers
offsetting weakness in chip stocks.