Korean Air, 315,065 Shares Net Sold by Individuals Over Last 5 Days... Stock Price at 18,550 KRW (-2.88%)
As of 10:30 AM on the 10th, Korean Air is trading at 18,550 KRW, down 2.88% from the previous day. The trading volume is 1,756,112 shares, which is about 11.15% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.
On August 10th, Hana Financial Investment researchers Seongbong Park and Dohyun Kim stated, "Despite the sharp decline in passenger demand due to COVID-19, it has been confirmed through the second-quarter earnings that stable profitability is achievable through strong performance in the cargo sector. At the same time, movements to secure short-term liquidity through rights offerings, asset sales, and government support are also viewed positively." They set the target price for Korean Air at 28,000 KRW.
Over the past five days, individual investors have net sold 315,065 shares of Korean Air, while foreigners and institutions have net bought 197,134 shares and 236,734 shares, respectively.

※ 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.
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