As of 1:30 PM on the 7th, POSCO is trading at 269,500 KRW, up 1.51% from the previous day. The trading volume is 363,808 shares, which is 55.2% of the previous day's volume. POSCO is known as a steel manufacturing and distribution company.


On December 4th, Hyuntae Kim, a researcher at BNK Investment & Securities, stated, "The biggest beneficiary of the improvement in the steel market originating from China. Domestic distribution prices have stagnated since mid-October, but export prices have continued to rise. Furthermore, a second rise in domestic prices is expected to begin from the end of the year to early next year. Accordingly, the company's performance is expected to exceed market expectations in the 4Q following the 3Q, and the trend of quarterly performance improvement is expected to continue at least until the first half of next year." He set POSCO's target price at 340,000 KRW.


Over the past five days, individual investors have net sold 241,985 shares of POSCO, while foreigners and institutions have net bought 121,086 shares and 137,201 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an article auto-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.

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