Samsung Electronics, Foreign Investors Net Sell 5,156,573 Shares Over Last 5 Days... Stock Price 60,000 KRW (-0.5%)
As of 12:30 PM on the 6th, Samsung Electronics is trading at 60,000 KRW, down 0.5% from the previous day. The trading volume is 10,826,962 shares, which is about 53.3% of the previous day's volume. Samsung Electronics is known as a global IT company.
On November 3rd, Kwon Tae-woo, a researcher at DS Investment & Securities, stated, "1) The year 2021 marks the early phase of the semiconductor cycle with 5G demand and the second half's DDR5 emergence, 2) NAND 7th generation shift, 3) DRAM ASP + transition. As supply and demand align, memory supply and demand are expected to improve starting from the first half of 2021, leading to a rebound in memory prices and continued growth in the non-memory industry, making it a time to increase weighting. CAPEX is expected to increase compared to this year, mainly due to advanced process transitions, infrastructure investments, and investments in memory and foundry." He set Samsung Electronics' target price at 73,200 KRW.
Over the past five days, individual investors have net bought 1,898,435 shares of Samsung Electronics, while foreigners and institutions have net sold 5,156,573 shares and net bought 2,978,603 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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