SK Hynix, Institutional Investors Sold Net 1,882,418 Shares in Last 5 Days... Stock Price at 85,300 KRW (+1.19%)
As of 12:30 PM on the 26th, SK Hynix is trading at 85,300 KRW, up 1.19% from the previous day. The trading volume is 1,912,403 shares, which is 56.67% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On June 24, 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 from trading channels. 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 466,333 shares of SK Hynix, while foreigners and institutions have net purchased 1,431,666 shares and net sold 1,882,418 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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