Samsung Heavy Industries, Foreign Investors Net Buy 1,158,975 Shares in Last 5 Days... Stock Price 6,230 KRW (-7.15%)
As of 2:30 PM on the 15th, Samsung Heavy Industries is trading at 6,230 KRW, down 7.15% from the previous day. The trading volume is 14,530,015 shares, which is 103.05% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.
On June 11, Park Muhyun, a researcher at Hana Financial Investment, stated, "Following Qatar, Mozambique has also reserved 8 slots each with Samsung and Hyundai. Historically, the LNG carrier competition has been between Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries. If the order volume for LNG carriers, Samsung Heavy Industries' main ship type, increases significantly, cash flow is likely to improve, which will lead to a rise in stock price." He set the target price for Samsung Heavy Industries at 10,000 KRW.
Over the past five days, individual investors have net sold 294,756 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 1,158,975 shares and net sold 659,935 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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