Samsung Heavy Industries, Foreign Investors Net Buy 1,751,526 Shares in Last 5 Days... Stock Price 6,390 KRW (+5.62%)
As of 1:30 PM on the 16th, Samsung Heavy Industries is trading at 6,390 KRW, up 5.62% from the previous day. The trading volume is 10,121,427 shares, which is about 52.13% 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, 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 rising stock price." He set Samsung Heavy Industries' target price at 10,000 KRW.
Over the past five days, individual investors have net sold 816,982 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 1,751,526 shares and net sold 750,366 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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