Amorepacific, Institutional Investors Net Sell 265,770 Shares Over Last 5 Days... Stock Price 162,500 KRW (-2.99%)

Amorepacific is trading at 162,500 KRW as of 10:32 AM on the 1st, down 2.99% from the previous day. The trading volume is 364,190 shares, which is 9.43% of the previous day's volume. Amorepacific is known as a leading company in the domestic cosmetics industry.

On June 29, Shin-ae Park, a researcher at KB Securities, stated, "With continued sluggish duty-free sales due to cross-border travel restrictions, the sales growth rate of the Chinese subsidiary is also expected to fall short of market growth, making margin deterioration due to poor sales inevitable. Until the COVID-19 situation stabilizes and expectations for normalization of travel are formed, the stock price is expected to continue its weak trend. Chinese subsidiary: Due to sluggish sales of Innisfree, it is expected to underperform the market growth rate." She set the target price for Amorepacific at 180,000 KRW.

Over the past five days, individual investors have net purchased 139,055 shares of Amorepacific, while foreigners and institutions have net purchased 132,412 shares and net sold 265,770 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 financial AI specialist Thinkpool.

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