The so-called 'Ukraine reconstruction theme stocks,' including Sambu Construction and SW Steel Tech, are showing a strong rally on the 6th following news that the Donald Trump administration in the United States will soon present a plan for ending the war in Ukraine.
The stock price of Sambu Construction is trading at 1,023 won per share as of 2:15 PM, up 14.45% from the previous close. Steel building materials company SW Steel Tech and HD Hyundai Construction Equipment are also rising, recording 7,720 won and 70,100 won per share, up 13.36% and 9.87%, respectively. These companies are considered representative Ukraine reconstruction theme stocks.
This follows reports on the 5th (local time) by major foreign media including Bloomberg News that Keith Kellogg, the Trump administration's special envoy for Ukraine, will present a blueprint to end the war in Ukraine at the Munich Security Conference held in Germany next week. On the same day, Russia also publicly acknowledged that working-level contacts with the United States regarding negotiations to end the war in Ukraine have been intensifying.
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