Samsung Electronics, Institutional Investors Net Sell 2,635,910 Shares Over Last 5 Days... Stock Price at 53,600 KRW (+4.28%)
As of 10:30 AM on the 24th, Samsung Electronics is trading at 53,600 KRW, up 4.28% from the previous day. The trading volume is 13,361,592 shares, which is 74.67% of the previous day's volume. Samsung Electronics is known as a global IT company.
On June 23, Lee Seung-woo, a researcher at Eugene Investment & Securities, stated, "The DP division, which struggled with losses throughout the first half of the year, is expected to see a significant improvement in profitability due to increased OLED utilization rates and recognition of one-time gains. The IM division, which has shown signs of recovery since the end of May, is also expected to post improved results compared to the second quarter. Although the recent decline in spot prices is a concern, semiconductor performance is expected to remain solid through the third quarter. Samsung Electronics' earnings profile can be considered quite encouraging." He set the target price for Samsung Electronics at 64,000 KRW.
Over the past five days, individual investors have net purchased 406,772 shares of Samsung Electronics, while foreign investors and institutions have net purchased 2,127,266 shares and net sold 2,635,910 shares, respectively.

※ 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.
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