[Edaily Reporter Kim Hyung-il ] Seo San Co. Ltd.(079650)is currently trading at its daily price limit early in the session. This is believed to be driven by buying interest across the board in construction materials-related stocks, such as cement and ready-mix concrete, fueled by expectations of a recovery in the construction sector.

According to MP Doctor on the 30th, as of 9:55 a.m., Seo San Co. Ltd. is trading at 4,120 won, up 27.36% (885 won) from the previous trading day.

The stock opened at 3,630 won today and continued to climb, reaching the intraday price limit. So far, there have been no separate disclosures or announcements from the company regarding the sharp rise in the stock price.

Market observers believe that the government’s policy to expand housing supply, expectations for increased investment in social overhead capital (SOC), and prospects for a recovery in the construction sector have stimulated investor sentiment toward construction materials-related stocks, such as cement and ready-mix concrete. This is also interpreted as reflecting expectations that easing interest rate burdens and stabilization of the real estate market could lead to a recovery in construction investment.

In fact, other cement and ready-mix concrete-related stocks also showed a collective upward trend that day. KANGDONG C&L, SAMPYO Cement Co., Ltd., Mohenz. Co., Ltd., EUGENE Corporation, and SungshinCement also posted gains.

Seo San Co. Ltd. is a company that produces concrete products such as ready-mix concrete, precast concrete, and piles. In addition, it manufactures and sells electric vehicle chargers and industrial chemical materials such as organic peroxides.