HMM, 3,997,391 Shares Net Bought by Individuals in Last 5 Days... Stock Price 12,450 KRW (-5.32%)

As of 2:30 PM on the 19th, HMM is trading at 12,450 KRW, down 5.32% from the previous day. The trading volume is 10,447,416 shares, which is 60.77% of the previous day's volume. HMM is known as a shipping business operator.

On November 17, Minjin Bang, a researcher at Eugene Investment & Securities, stated, "The background is the freight rate reflected in container sales. The average SCFI in the third quarter was 1,191, which is 53.2% higher than the same period last year, driven by the America route that accounts for more than 40% of the company's sales. However, the company's actual average freight rate increased by only 26.3% compared to the same period last year. This discrepancy is believed to be due to long-term contract (SC) freight rates. More than 50% of the company's sales are from SC contracts, and when the contracts were signed in April this year, such a favorable market condition was not anticipated, so the contracts were made at the previous year's level. However, next year's SC contracts are expected to reflect the current market conditions." He set HMM's target price at 17,000 KRW.

Over the past five days, individual investors have net purchased 3,997,391 shares of HMM, while foreigners and institutions have net sold 2,677,383 shares and 1,196,178 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.