Korean nuclear power stocks rebounded after a prolonged correction on expectations that the United States will accelerate new nuclear plant development. KEPCO Engineering & Construction closed the previous session at 108,600 won, up 20.27%, its second-biggest daily gain of the year, according to Korea Exchange data released on the 26th. Hyundai Engineering & Construction rose 14.39%, Doosan Enerbility gained 9.86% and KEPCO KPS advanced 4.64%. Foreign investors recorded net sales of 230.5 billion won across the four stocks, while institutions and individuals bought 121.9 billion won and 92.8 billion won, respectively. The shares had fallen sharply in the first half of the year, but expectations for U.S. nuclear orders helped drive rebounds from their late-July troughs. In June, the U.S. Department of Energy (DOE) unveiled a $17.5 billion nuclear supply-chain loan program that allows long-lead equipment to be ordered before a final investment decision (FID), or formal project approval. Analysts expect the selection of power operators and equipment orders could emerge as early as the second half of this year. Brokerages have raised their target prices, with FnGuide's consensus at 177,500 won for KEPCO E&C, 129,000 won for Doosan Enerbility, 172,368 won for Hyundai E&C and 64,809 won for KEPCO KPS. Third-quarter operating profit estimates are 15.4 billion won, 248.4 billion won and 214.4 billion won for KEPCO E&C, Doosan Enerbility and Hyundai E&C, respectively, representing year-on-year increases of 25.8%, 81.2% and 107.1%.