SK Innovation, Foreign Investors Net Buy 93,620 Shares in Last 5 Days... Stock Price at 163,500 KRW (+2.83%)

As of 2:30 PM on the 6th, SK Innovation is trading at 163,500 KRW, up 2.83% from the previous day. The trading volume is 3,898,034 shares, which is 64.46% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On August 6, Yoon Jae-sung, a researcher at Hana Financial Investment, stated, "Amid explosive growth in the electric vehicle market, SK Innovation ranks 6th globally by shipment volume, and plans to aggressively expand battery capacity, making it highly likely to solidify its position as a global top-tier player. Expected momentum in the second half of the year includes: 1) reduction of losses in the refining business, 2) reaching a settlement in the lawsuit with LG Chem, 3) securing cash through the deal closing of the Peru mining site, 4) pursuing an IPO for the separator and other material businesses in the first half of 2021, and 5) adjustments to other business portfolios." He set SK Innovation's target price at 210,000 KRW.

Over the past five days, individual investors have net sold 62,898 shares of SK Innovation, while foreigners and institutions have net bought 93,620 shares and net sold 9,267 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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