POSCO, Institutional Investors Net Sell 282,014 Shares in Last 5 Days... Stock Price at 181,000 KRW (-2.95%)

As of 1:32 PM on the 15th, POSCO is trading at 181,000 KRW, down 2.95% from the previous day. The trading volume is 260,909 shares, which is 56.79% of the previous day's volume. POSCO is known as a steel manufacturing and distribution company.

On June 10, Kim Yoonsang, a researcher at Hi Investment & Securities, stated, "There is no earnings momentum for the time being. The 20.2Q earnings were weak due to fixed cost burdens caused by a sharp drop in selling prices and a decrease in sales volume. Fortunately, earnings are expected to improve gradually from the third quarter. Despite the recent strength in iron ore prices, cost burdens are not expected to be significant because the price of coking coal has fallen considerably. There is still no strong supply-demand momentum within the industry, and volatility is expanding due to uncertain demand conditions in the industrial sector. The current investment point is the P/B ratio, which is far below past valuation levels." He set POSCO's target price at 260,000 KRW.

Over the past five days, individual investors have net purchased 160,780 shares of POSCO, while foreign investors and institutions have net purchased 101,951 shares and net sold 282,014 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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