Samsung Heavy Industries, Stock Price Down 3.83% at This Hour... Foreigners Net Buy 852,780 Shares in Last 5 Days
As of 1:30 PM on the 10th, Samsung Heavy Industries is trading at 5,530 KRW, down 3.83% from the previous day. The trading volume is 3,841,480 shares, which is about 83.33% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.
On July 7, analyst Kyunggeun Park of Ebest Investment & Securities stated, "2020 order target achieved 6.0%. Assuming LOI, $3.69 billion, about 44% achieved. The $250 million damages lawsuit filed by Petrobras against Samsung Heavy Industries on June 22 was dismissed. Since the company did not set aside provisions for the related lawsuit, the impact on the company's recent performance is expected to be limited. However, the resolution of uncertainties surrounding the company is considered positive." He set the target price for Samsung Heavy Industries at 5,700 KRW.
Over the past five days, individual investors have net sold 305,362 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 852,780 shares and net sold 577,156 shares, respectively.

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and financial AI specialist company Thinkpool.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Putin Arrives in Beijing, Begins Two-Day State Visit to China
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.