Korean Air, Stock Price Down 2.82% at This Time... 1,374,665 Shares Sold Net by Individuals in Last 5 Days
Korean Air is trading at 27,600 KRW as of 1:30 PM on the 14th, down 2.82% from the previous day. The trading volume is 2,986,836 shares, which is 51.17% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.
On December 10th, Choi Gyo-un, a researcher at Korea Investment & Securities, stated, "By acquiring Asiana Airlines, Korean Air has become a monopolistic operator in the Korean aviation market. With the Industrial Bank of Korea's support focused on Korean Air, the financial burden has been significantly reduced. Ultimately, it has secured a definite number one premium. In addition to the in-flight meal business, the sale of Wangsang Leisure Development is also accelerating. In 2021, additional liquidity efforts such as the Songhyeon-dong site and the LA hotel will continue. Korean Air has proven itself qualified as the airline responsible for the future of the Korean aviation market." He set the target price for Korean Air at 32,000 KRW.
Over the past five days, individual investors have net sold 1,374,665 shares of Korean Air, while foreigners and institutions have net bought 755,969 shares and 749,746 shares, respectively.
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※ 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.
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