OCI, Stock Price +3.25% at This Hour.... 154,007 Shares Net Sold by Individuals in the Last 5 Days
As of 12:30 PM on the 8th, OCI is trading at 42,900 KRW, up 3.25% from the previous day. The trading volume is 250,981 shares, which is 78.39% of the previous day's volume. OCI is known as a producer of high value-added chemical products such as polysilicon.
On July 6, Hansangwon, a researcher at Daishin Securities, stated, "- We expect polysilicon (Korea + Malaysia) to return to profitability in the 4th quarter. With the recovery of solar demand in the second half of the year, there is a high possibility of a price rebound along with the temporary resolution of oversupply caused by the year-end demand concentration. However, structurally resolving oversupply is still difficult, so the key to future performance improvement will likely be the increase in semiconductor-grade polysilicon production and profitability improvement," and set OCI's target price at 47,000 KRW.
Over the past five days, individual investors have net sold 154,007 shares of OCI, while foreigners and institutions have net bought 43,393 shares and 98,672 shares, respectively.

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.