SK Hynix, Institutional Investors Net Buy 357,889 Shares in Last 5 Days... Stock Price 86,100 KRW (+0.82%)
As of 10:31 AM on the 6th, SK Hynix is trading at 86,100 KRW, up 0.82% from the previous day. The trading volume is 848,366 shares, which is about 38.87% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On July 2nd, researcher Lee Subin from Daishin Securities stated, "The company's NAND business segment is expected to see profit improvement in the second half of the year. From the third quarter, SSD shipments for game consoles are anticipated, and cost reductions through process transitions are progressing rapidly, which is expected to offset the sluggishness in the DRAM business segment. Before the server DRAM contract prices are finalized or negotiations take place in the second half, price increases are unlikely. Suppliers' capital expenditures in 2021 are also expected to be conservative. This DRAM price decline is seen as a short-term adjustment, with a rebound expected in the second quarter of 2021." He set SK Hynix's target price at 115,000 KRW.
Over the past five days, individual investors have net sold 19,885 shares of SK Hynix, while foreigners and institutions have net sold 328,283 shares and net bought 357,889 shares, respectively.

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