HMM, Institutional Investors Net Buy 1,727,648 Shares in Last 5 Days... Stock Price 14,150 KRW (+8.85%)

As of 9:30 AM on the 12th, HMM is trading at 14,150 KRW, up 8.85% from the previous day. The trading volume is 10,409,390 shares, which is 59.16% of the previous day's volume. HMM is known as a company engaged in the shipping business.

On November 10, analyst Yang Ji-hwan of Daishin Securities reported, "On November 6, the SCFI surged by +8.8% (+134.57 points) to 1,664.56 points compared to the previous week. Freight rates strengthened on all routes except the South Africa route. The main routes of HMM, the US West Coast (USWC) $3,871/FEU (+0.6% wow), US East Coast (USEC) $4,665/FEU (+0.5% wow), and Europe $1,246/TEU (+9.3% wow), showed a sharp rise in European route freight rates," and set HMM's target price at 17,000 KRW.

Over the past five days, individual investors have net sold 622,340 shares of HMM, while foreigners and institutions have net sold 410,457 shares and net bought 1,727,648 shares, respectively.

※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.

This content was produced with the assistance of AI translation services.