SK Hynix, Foreign Investors Net Sell 592,234 Shares Over Last 5 Days... Stock Price at 84,900 Won (+0.59%)

As of 9:30 AM on the 3rd, SK Hynix is trading at 84,900 KRW, up 0.59% from the previous day. The trading volume is 443,486 shares, which is about 13.69% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On July 1st, Kim Yang-jae, a researcher at KTB Investment & Securities, stated, "It is already known that memory prices will temporarily decline in the second half of 2020. However, considering 1) set manufacturers launching aggressive promotions in 2H20 to compensate for the weak performance in 1H20, 2) various governments implementing large-scale stimulus policies to revive private consumption, 3) the surge in data traffic due to increased demand for remote work and internet content, which inevitably leads to increased mid-to-long-term data center investments, the possibility of a memory market rebound after 4Q20 is rather increasing." He set SK Hynix's target price at 105,000 KRW.

Over the past five days, individual investors have net purchased 471,002 shares of SK Hynix, while foreigners and institutions have net sold 592,234 shares and net purchased 138,640 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.