Samsung Electronics, Stock Price -0.38% at This Time... Individual Investors Net Buy 14.274 Million Shares in Last 5 Days

As of 12:32 PM on the 17th, Samsung Electronics is trading at 51,900 KRW, down 0.38% from the previous day. The trading volume is 16,804,964 shares, which is 78.56% of the previous day's volume. Samsung Electronics is known as a global IT company.

On June 12, Doh Hyun-woo, a researcher at NH Investment & Securities, stated, "The recent weakness in Samsung Electronics' stock price reflects the poor 2Q20 earnings, the sharp decline in the KRW/USD exchange rate, and concerns over memory price drops after 3Q20. We recommend an investment strategy focused on improvement in 3Q20 earnings rather than the 2Q20 earnings slump. The estimated operating profit for 3Q20 is 8.74 trillion KRW, showing improvement. Semiconductor operating profit is expected to increase to 5.88 trillion KRW due to higher shipments entering the peak season. Both DRAM and NAND ASP are expected to be flat quarter-on-quarter in 3Q20. As the world partially recovers from the impact of COVID-19, smartphone demand is recovering." He set the target price for Samsung Electronics at 66,000 KRW.

Over the past five days, individual investors have net purchased 14,270,400 shares of Samsung Electronics, while foreigners and institutions have net sold 6,470,308 shares and 8,179,141 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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