Samsung Life Insurance, Stock Price Down 5.67% at This Hour... 707,335 Shares Net Sold by Foreigners in Last 5 Days
As of 1:30 PM on the 18th, Samsung Life Insurance is trading at 61,600 KRW, down 5.67% from the previous day. The trading volume is 2,087,846 shares, which is 45.97% of the previous day's volume. Samsung Life Insurance is known as the number one life insurance company.
On August 14, researcher Byung-geon Lee from DB Financial Investment stated, "With the stock market recovery, there is no loss burden related to variable annuity reserve in the second half of the year, and there is even a possibility of reversal. However, since profit and loss management is conducted through the realization of sale gains, the annual profit and loss outlook is unlikely to change significantly even if a reversal of the variable annuity reserve occurs. For now, it is expected that a stable profit and loss level management and an appropriate dividend policy will continue for the time being." He set the target price for Samsung Life Insurance at 85,000 KRW.
Over the past five days, individual investors have net purchased 402,127 shares of Samsung Life Insurance, while foreigners and institutions have net sold 707,335 shares and net purchased 623,416 shares, respectively.

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