Hyundai Construction, Stock Price Down 2.53% at This Hour... Institutional Investors Net Sell 1,770,372 Shares in Last 5 Days

Hyundai Construction is trading at 32,700 KRW as of 12:30 PM on the 29th, down 2.53% from the previous day. The trading volume is 443,239 shares, which is 64.49% of the previous day's volume. Hyundai Construction is known as a major construction company.

On June 26, Moonjun Jang, a researcher at KB Securities, stated, "① Considering that the high profit margin in the housing sector is being maintained, and ② the end of overseas problematic sites combined with an increase in new orders raises the likelihood of stabilizing profit margins in the overseas sector, the company's fundamentals are expected to remain solid despite external variables. Furthermore, ① the long-delayed Samsung-dong GBC has commenced construction, and ② the bidding for the Qatar North Field LNG project ($7 billion), which the company is focusing on, is proceeding without cancellation. Given these factors, it is judged that buying at the current stock price level should be considered." He set Hyundai Construction’s target price at 43,000 KRW.

Over the past five days, individual investors have net purchased 1,750,455 shares of Hyundai Construction, while foreigners and institutions have net purchased 38,601 shares and net sold 1,770,372 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.