[Edaily Reporter Shin Ha-yeon ] SG CO., LTD.(255220)is trading up by more than 4%. This is believed to be due to Russian President Vladimir Putin expressing his desire for an end to the war in Ukraine, which has influenced the stock price.

According to MP Doctor on the 3rd, SG CO., LTD. was trading at 1,134 won as of 2:15 p.m. today, up 4.61% from the previous day. During the session, the stock surged as high as 1,188 won, a 9.59% increase from the previous close.

According to foreign media reports, President Putin stated during a press conference following the Shanghai Cooperation Organization (SCO) summit held in Bishkek, Kyrgyzstan, on the 1st (local time) that he wants to end the war in Ukraine, rather than simply freezing it. He said, “I want to end the war and achieve lasting and complete peace in Ukraine and throughout Europe.”

In particular, President Putin officially expressed his willingness to negotiate an end to the war. He emphasized, “I am ready to engage in negotiations with anyone who demonstrates a willingness to negotiate,” reaffirming his commitment to a complete end to the war in Ukraine and to peace talks.

Consequently, SG CO., LTD.—a stock classified as related to Ukraine’s reconstruction—is seen as gaining momentum. SG CO., LTD. is currently pursuing business initiatives based on asphalt production facilities and eco-friendly road paving technology to restore local road infrastructure in Ukraine. The company is preparing to participate in road reconstruction projects, which are expected to begin in earnest after the war ends, through measures such as establishing a local subsidiary.

In addition, other stocks linked to Ukraine’s reconstruction— DAEMO Engineering Co.,Ltd.(317850)(2.86%), SY STEEL TECH, Inc.(365330)(2.13%), and FIRSTEC(010820)(1.47%)—are also rising in tandem at this time.