Samsung Electronics, Foreign Investors Net Sell 11,331,656 Shares in Last 5 Days... Stock Price 55,600 KRW (-1.42%)
As of 10:30 AM on the 4th, Samsung Electronics is trading at 55,600 KRW, down 1.42% from the previous day. The trading volume is 10,188,724 shares, which is about 37.54% of the previous day's volume. Samsung Electronics is known as a global IT company.
On September 4th, researcher Eo Gyu-jin from DB Financial Investment stated, "Quarterly earnings are likely to surge at the point when memory prices rebound. This is expected to occur between the 2nd and 3rd quarters of 2021, as server companies reduce inventory and the global demand slowdown caused by COVID-19 eases. The shift to non-face-to-face IT due to the untact lifestyle caused by COVID-19 is not temporary but continuous. Accordingly, the currently short-term sluggish performance of the company's semiconductor division is expected to improve in the long term, starting from the first half of 2021." He set Samsung Electronics' target price at 72,000 KRW.
Over the past five days, individual investors have net purchased 11,169,746 shares of Samsung Electronics, while foreigners and institutions have net sold 11,331,656 shares and 709,605 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ 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.
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