Hyundai Engineering & Construction, Institutional Investors Sold Net 1,908,932 Shares in Last 5 Days... Stock Price 34,400 KRW (-3.91%)

Hyundai Construction is trading at 34,400 KRW as of 2:30 PM on the 23rd, down 3.91% from the previous day. The trading volume is 2,297,898 shares, which is about 20.49% of the previous day's volume. Hyundai Construction is known as a major construction company.

On June 23, Chaesangwook, a researcher at Hana Financial Investment, stated, "Selection as the contractor for Hannam 3 District and positive order momentum. Actively carrying out capital investments such as securing housing self-development sites and purchasing prime urban land. They have already shown proactive moves by acquiring CJ’s Gayang-dong site in 2019, Ssangyong Motor’s Guro Service Center site in June 2020, and purchasing self-development sites in Songdo, and are expected to secure additional development funds within the year by utilizing healthy cash flow. As the construction company with the most investment funds and a solid core business, we strongly recommend buying." He set Hyundai Construction’s target price at 57,000 KRW.

Over the past five days, individual investors have net purchased 1,828,049 shares of Hyundai Construction, while foreigners and institutions have net purchased 118,515 shares and net sold 1,908,932 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.