Samsung Electronics, Foreign Investors Net Buy 4,413,602 Shares in Last 5 Days... Stock Price 60,000 Won (+1.18%)
As of 10:30 AM on the 21st, Samsung Electronics is trading at 60,000 KRW, up 1.18% from the previous day. The trading volume is 5,877,552 shares, which is about 31.6% of the previous day's volume. Samsung Electronics is known as a global IT company.
On September 21, Yoo Jong-woo, a researcher at Korea Investment & Securities, stated, "The foundry business will show full-scale growth in 2021, and the improved profitability of the smartphone business from the second half of this year, along with increased volume next year, will increase the operating profit of the IM division by 22%. Even adding the estimated business value of 81 trillion KRW, there is sufficient upside potential from the current stock price. Samsung Electronics, whose semiconductor business centered on memory is diversifying and is expected to benefit unexpectedly from the US-China trade dispute, is recommended as the top preferred stock in the semiconductor sector." He set the target price for Samsung Electronics at 81,000 KRW.
Over the past five days, individual investors have net sold 664,767 shares of Samsung Electronics, while foreigners and institutions have net bought 4,413,602 shares and net sold 4,039,800 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article auto-generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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