Samsung Electronics, Institutional Investors Sold Net 4,630,346 Shares in Last 5 Days... Stock Price 53,400 KRW (+2.89%)

As of 12:30 PM on the 26th, Samsung Electronics is trading at 53,400 KRW, up 2.89% from the previous day. The trading volume is 14,657,065 shares, which is about 80.05% of the previous day's volume. Samsung Electronics is known as a global IT company.

On June 25, Yoo Jong-woo, a researcher at Korea Investment & Securities, stated, "The recovery in demand for sets such as smartphones and TVs in the US and Europe has been steeper than expected, resulting in sales and profits exceeding expectations. In the semiconductor sector, profits are increasing due to rising memory semiconductor prices, while the DP sector is experiencing an expanded deficit compared to the previous quarter due to the full-scale impact of component inventory adjustments by set manufacturers and delayed reflection of one-time gains. After set manufacturers complete inventory adjustments in the third quarter and demand for memory semiconductors recovers, the stock price is expected to rebound." He set the target price for Samsung Electronics at 62,000 KRW.

Over the past five days, individual investors have net sold 499,187 shares of Samsung Electronics, while foreigners and institutions have net bought 4,540,510 shares and net sold 4,633,460 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ 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.

This content was produced with the assistance of AI translation services.