HMM, 5-Day Net Purchase of 5,003,785 Shares by Individuals... Stock Price at 13,950 KRW (-3.12%)
As of 1:30 PM on the 16th, HMM is trading at 13,950 KRW, down 3.12% from the previous day. The trading volume is 11,582,397 shares, which is 56.33% of the previous day's volume. HMM is known as a shipping business operator.
On November 16, Yang Ji-hwan, a researcher at Daishin Securities, stated, "The reason the average container freight rate is lower than estimated is that the rise in the SCFI in the third quarter was mainly driven by increased freight rates on the trans-Pacific route. However, HMM has a high proportion of SC (Service Contract) shippers on the trans-Pacific route, so it could not keep up with the rise in spot freight rates," and set HMM's target price at 17,000 KRW.
Over the past five days, individual investors have net purchased 5,003,785 shares of HMM, while foreigners and institutions have net sold 4,782,837 shares and net purchased 218,806 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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