Samsung Electronics, Foreign Investors Net Buy 4,844,823 Shares in Last 5 Days... Stock Price 66,900 KRW (+3.4%)
As of 10:30 AM on the 23rd, Samsung Electronics is trading at 66,900 KRW, up 3.4% from the previous day. The trading volume is 11,595,814 shares, which is about 78.3% of the previous day's volume. Samsung Electronics is known as a global IT company.
On November 23, Myungseop Song, a researcher at Hi Investment & Securities, stated, "In the 3Q20 earnings conference call, the company mentioned both a slowdown in 4Q20 earnings and the possibility of semiconductor market improvement in 1H21. Even if there is a stock price decline due to the 4Q20 earnings slowdown, if the semiconductor market recovers in 1H21, this would be a buying opportunity at the bottom. The company's mention of increased investment seems based on confidence in rising demand and semiconductor market improvement in CY21. In CY21, supply shortages are expected to occur, and the semiconductor market and the company's earnings are likely to stabilize in 1Q21 and then grow significantly from 2Q21 onward." He set Samsung Electronics' target price at 80,000 KRW.
Over the past five days, individual investors have net sold 877,461 shares of Samsung Electronics, while foreigners and institutions have net bought 4,844,823 shares and net sold 3,939,644 shares, respectively.
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※ 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.
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