Samsung Electronics, 'Company Most Correlated with Quarterly Earnings' Stock Price 54,300 Won (-0.55%)
As of 9:30 AM on the 5th, Samsung Electronics is trading at 54,300 KRW, down 0.55% from the previous day. The trading volume is 4,471,458 shares, which is about 11.16% of the previous day's volume. Samsung Electronics is known as a global IT company.
On June 2nd, Kim Sun-woo, a researcher at Meritz Securities, stated, "Memory prices reflect a divergence in interests between suppliers and customers. However, the seasonality in the second half of the year favors suppliers. Defensive values such as dividend yields remain valid until the end of the year, but it is uncertain whether the new shareholder return plan to be announced around late October will improve. Stable stock price trends are possible, but for a significant price increase, 1) smartphone shipments need to recover (with marketing expenses), 2) limited production increases are necessary to maintain memory price negotiation power, and 3) shareholder return policies must be maintained." He set Samsung Electronics' target price at 64,000 KRW.
Over the past five days, individual investors have net sold 20,003,576 shares of Samsung Electronics, while foreigners and institutions have net bought 8,374,107 shares and 12,277,981 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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