SK Hynix, Stock Price Down 0.47% at This Hour... Institutional Investors Net Sell 1,649,654 Shares in Last 5 Days

As of 9:30 AM on the 29th, SK Hynix is trading at 84,200 KRW, down 0.47% from the previous day. The trading volume is 445,983 shares, which is about 15.56% 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 increases of Server and PC DRAM in the first half of the year are emphasized, and price reduction demands are expanding mainly among trading partners. 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 212,115 shares of SK Hynix, while foreigners and institutions have net purchased 1,449,524 shares and net sold 1,649,654 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ 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.

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