Samsung Heavy Industries, Stock Price +1.35% at This Hour... Foreigners Net Buy 1,268,394 Shares in Last 5 Days
As of 2:30 PM on the 30th, Samsung Heavy Industries is trading at 5,990 KRW, up 1.35% from the previous day. The trading volume is 6,866,386 shares, which is 85.54% 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 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 in 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 443,743 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 1,268,394 shares and net sold 873,189 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and financial AI specialist Thinkpool.
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