SK Hynix stock price at 85,700 KRW (-3.16%)... Institutional investors net sold 1,329,187 shares in the last 5 days

As of 1:30 PM on the 12th, SK Hynix is trading at 85,700 KRW, down 3.16% from the previous day. The trading volume is 3,210,941 shares, which is about 59.45% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On June 9, researcher Eo Gyu-jin from DB Financial Investment stated, "Demand for server DRAM and SSD, which was strong in the first half of the year, is expected to temporarily slow down in the second half. However, the shift to non-face-to-face IT due to the habituation of untact lifestyles is not temporary but continuous. Therefore, the strong performance trend of memory companies will progress gradually and long-term. Nevertheless, after the sharp stock price drop caused by the recent COVID-19 issue, SK Hynix's stock price rebound is lagging behind the KOSPI index rebound. Despite the recent short-term stock price rebound, there are still reasons to buy SK Hynix." He set SK Hynix's target price at 120,000 KRW.

Over the past five days, individual investors have net purchased 402,266 shares of SK Hynix, while foreigners and institutions have net purchased 993,092 shares and net sold 1,329,187 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

This content was produced with the assistance of AI translation services.