Samsung C&T, Stock Price Down 2.65% at This Hour... Foreigners Net Sell 480,909 Shares in Last 5 Days
As of 1:30 PM on the 29th, Samsung C&T is trading at 110,000 KRW, down 2.65% from the previous day. The trading volume is 886,794 shares, which is 59.03% of the previous day's volume. Samsung C&T is known as a company engaged in fashion, construction, leisure, catering, and food distribution businesses.
On October 28, Eun Kyung-wan, a researcher at Meritz Securities, stated, "Various scenarios regarding the restructuring of Samsung Group's governance are being discussed, with Samsung C&T at the center. It is difficult to predict a conclusion immediately, but there is a strong possibility that Samsung C&T's role will be re-evaluated. Despite the recent stock price increase, the NAV discount rate exceeds 50%. We maintain a positive view from a governance perspective. As the outline of governance restructuring is likely to emerge starting with the inheritance of Chairman Lee Kun-hee's shares, Samsung C&T's corporate value is expected to enter a normalization process, and we recommend it as the top preferred stock in the holding company sector." He set the target price for Samsung C&T at 140,000 KRW.
Over the past five days, individual investors have net purchased 35,286 shares of Samsung C&T, while foreigners and institutions have net sold 480,909 shares and net purchased 439,901 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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