Samsung Heavy Industries, Institutional Investors Sold Net 1,595,430 Shares in Last 5 Days... Stock Price 6,420 KRW (-1.68%)
As of 2:30 PM on the 19th, Samsung Heavy Industries is trading at 6,420 KRW, down 1.68% from the previous day. The trading volume is 7,123,521 shares, which is 55.03% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.
On June 19, Choi Jin-myung, a researcher at NH Investment & Securities, stated, "1) The Korea-Qatar LNG ship MOA was signed faster than expected, 2) The LNG project order program for Russia/Mozambique is underway, 3) There is a high correlation between order performance and changes in PBR, which is positive. The Qatar LNG ship orders are progressing faster than expected, leading to a strong rebound in the stock price. However, despite securing large-scale orders and improving business conditions, additional growth drivers are limited. Sustainable growth is impossible without a recovery in the container/tanker market." He set the target price for Samsung Heavy Industries at 7,300 KRW.
Over the past five days, individual investors have net purchased 852,498 shares of Samsung Heavy Industries, while foreigners and institutions have net purchased 691,209 shares and net sold 1,595,430 shares, respectively.

※ 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.
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