Samsung Heavy Industries, Foreign Investors Net Buy 1,398,838 Shares in Last 5 Days... Stock Price 5,860 KRW (-3.93%)
As of 2:30 PM on the 25th, Samsung Heavy Industries is trading at 5,860 KRW, down 3.93% from the previous day. The trading volume is 5,935,159 shares, which is 62.59% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.
On June 25, KB Securities analyst Jeong Dong-ik stated, "Preferred shares have surged more than common shares, requiring special caution from investors. According to a recent disclosure, Petrobras announced that a $250 million damages lawsuit filed last year was dismissed. Although it was an unreasonable lawsuit from the start, it is positive that the company is now completely free from contingent liability risks. Two lawsuits related to drillships are ongoing; the lawsuit with PDC was won in January this year, but the lawsuit with Stena is still in progress." He set the target price for Samsung Heavy Industries at 5,200 KRW.
Over the past five days, individual investors have net sold 660,080 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 1,398,838 shares and net sold 761,239 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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