On the 27th, stock prices in the construction sector, including HDC Hyundai Development Company, are rising. This is interpreted as a result of increased expectations for a recovery in the construction market.
As of 2:22 p.m. on the 27th, HDC Hyundai Development Company is trading at 21,250 won, up 1,480 won (7.49%) from the previous day.
Stocks linked to the construction theme such as Hyundai E&C, GS Engineering and Construction, DL E&C, and Daewoo E&C are also on the rise.
It is interpreted that buying pressure has gathered due to the forecast that the construction market will recover. On this day, Hana Securities noted that the improvement in construction companies’ performance would result from the recovery of construction starts due to rising real estate prices, thus raising target prices. Hyundai E&C (40,000 won → 51,000 won), GS Engineering and Construction (19,000 won → 24,000 won), and DL E&C (43,000 won → 50,000 won) all adjusted their target prices upward.
Kim Seung-jun, a researcher at Hana Securities, predicted, "Construction starts will recover beginning next year due to rising real estate prices in 2025-2026," and noted, "Housing sales will increase starting in 2027."