HMM, Stock Price Down -7.09% at This Hour... Individual Investors Net Buy 5,129,219 Shares in Last 5 Days
As of 12:30 PM on the 17th, HMM is trading at 13,100 KRW, down 7.09% from the previous day. The trading volume is 12,766,098 shares, which is 93.16% of the previous day's volume. HMM is known as a company engaged in the shipping business.
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 5,129,219 shares of HMM, while foreigners and institutions have net sold 5,065,902 shares and 36,587 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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