Hyundai Marine & Fire Insurance, 394,952 Shares Net Bought by Individuals in Last 5 Days... Stock Price 24,400 KRW (+0.21%)

As of 1:32 PM on the 18th, Hyundai Marine & Fire Insurance is trading at 24,400 KRW, up 0.21% from the previous day. The trading volume is 85,796 shares, which is about 29.4% of the previous day's volume. Hyundai Marine & Fire Insurance is known as the second-largest non-life insurance company in South Korea.

On June 15, Jaetajun Jeong, a researcher at Yuanta Securities, stated, "Profits in the second half of the year are expected to increase slightly compared to the same period last year. Insurance operating profit will increase as both the loss ratio and expense ratio improve, but investment operating profit is expected to decline. Compared to the first half, profits will decrease due to seasonality. Annual profits are expected to increase by 7.0% year-on-year. The company had a higher loss ratio than competitors in the second half of last year, so conversely, the improvement in the loss ratio this year is expected to be the most significant. The second half is also expected to show a substantial improvement in the loss ratio compared to other companies." He set Hyundai Marine & Fire Insurance's target price at 31,000 KRW.

Over the past five days, individual investors have net purchased 394,952 shares of Hyundai Marine & Fire Insurance, while foreigners and institutions have net sold 272,404 shares and 132,875 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ 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.

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