Samsung Heavy Industries, 1,547,266 Shares Net Bought by Individuals in Last 5 Days... Stock Price 6,090 KRW (+0.16%)
As of 12:30 PM on the 24th, Samsung Heavy Industries is trading at 6,090 KRW, up 0.16% from the previous day. The trading volume is 7,222,477 shares, which is about 81.5% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.
On June 19, analyst Choi Jin-myung of 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 progressing, and 3) There is a high correlation between order performance and changes in PBR, which are positive factors. The Qatar LNG ship orders are proceeding 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 1,547,266 shares of Samsung Heavy Industries, while foreign investors and institutions have net sold 495,298 shares and 1,169,599 shares, respectively.

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