HMM, Stock Price +0.77% at This Hour... Individual Investors Net Buy 4,031,832 Shares in Last 5 Days

As of 10:30 AM on the 18th, HMM is trading at 13,050 KRW, up 0.77% from the previous day. The trading volume is 9,222,017 shares, which is 41.97% 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) customers 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 4,031,832 shares of HMM, while foreigners and institutions have net sold 3,251,233 shares and 714,306 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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