HMM, Foreign Investors Net Sold 5.73486 Million Shares in Last 5 Days... Stock Price 14,550 Won (+1.39%)
As of 9:30 AM on the 13th, HMM is trading at 14,550 KRW, up 1.39% from the previous day. The trading volume is 5,818,965 shares, which is 13.03% of the previous day's volume. HMM is known as a shipping business operator.
On November 10, analyst Yang Ji-hwan from 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 for HMM, the US West Coast (USWC) at $3,871/FEU (+0.6% wow), the US East Coast (USEC) at $4,665/FEU (+0.5% wow), and Europe at $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 purchased 5,505,782 shares of HMM, while foreigners and institutions have net sold 5,734,863 shares and net purchased 739,605 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 financial AI specialist Thinkpool.
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