[Special Stock] Hyundai Construction Up Over 4%... Positive Factors from Possible Ukraine Ceasefire and 1 Trillion Won Order

On the 13th, Hyundai Construction showed strong performance. This is interpreted as buying momentum flowing in due to the increased possibility of an end to the Ukraine conflict and the successful acquisition of a mega development project worth 1 trillion won.

As of 10:45 a.m. on the day, Hyundai Construction's stock was trading at 33,850 won, up 4.80% compared to the previous trading day.

The day before, the agreement between U.S. President Donald Trump and Russian President Vladimir Putin to start peace negotiations is expected to benefit companies involved in Ukraine reconstruction projects, including construction firms. Other construction stocks such as Kumho Construction (7.77%), Beomyang Geonyeong (6.82%), Namgwang Togeon (6.17%), and Sambu Togeon (4.53%) also showed a simultaneous upward trend.

The winning of the Seoul Station Hilton Hotel development project, with a total construction cost of 1.1878 trillion won, also appears to have acted as a positive factor. Hyundai Construction announced the signing of this contract on the same day. The project involves constructing a large-scale complex facility with a total floor area of 105,619 pyeong, consisting of 10 basement floors and 39 above-ground floors.