Korean Air, 7,482,822 Shares Net Bought by Individuals in Last 5 Days... Stock Price 23,900 KRW (+3.02%)
Korean Air is trading at 23,900 KRW as of 9:30 AM on the 20th, up 3.02% from the previous day. The trading volume is 2,272,834 shares, which is 38.17% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.
On November 17, Yoo Seung-woo, a researcher at SK Securities, stated, "The company is pursuing a paid-in capital increase worth 2.5 trillion KRW to acquire Asiana Airlines. Although the stock dilution rate is -50.1%, the BPS dilution rate is about -2.4%. From the perspective of restructuring in the airline industry, this is recognized as a mid- to long-term positive opinion. However, the 10 trillion KRW debt issue of Asiana Airlines is inevitably expected to continue to be a burden on the company." He set the target price for Korean Air at 24,000 KRW.
Over the past five days, individual investors have net purchased 7,482,822 shares of Korean Air, while foreigners and institutions have net sold 1,283,410 shares and 6,094,690 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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