SK Hynix, Stock Price +3.21% at This Hour... Institutional Investors Net Sell 271,935 Shares in Last 5 Days
As of 10:30 AM on the 24th, SK Hynix is trading at 86,800 KRW, up 3.21% from the previous day. The trading volume is 2,023,945 shares, which is 69.04% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On June 24th, No Geun-chang, a researcher at Hyundai Motor Securities, stated, "From the third quarter, smartphone demand recovery is expected due to economic reopening, but the abnormal price increase of Server and PC DRAM in the first half of the year is emphasized, and price reduction demands are expanding mainly among trading partners. There has been no production stoppage at memory semiconductor factories due to COVID-19, but only excessive inventory accumulation by cloud companies. Huawei's Mate40 is expected to have changes in AP specifications, which is also likely to have a negative impact." He set the target price for SK Hynix at 105,000 KRW.
Over the past five days, individual investors have net purchased 71,807 shares of SK Hynix, while foreigners and institutions have net purchased 237,919 shares and net sold 271,935 shares, respectively.

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