Korean Air is trading at 27,650 KRW as of 10:30 AM on the 15th, up 0.91% from the previous day. The trading volume is 1,195,208 shares, which is 32.87% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.


On December 10, Choi Goun, 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 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 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 946,023 shares of Korean Air, while foreigners and institutions have net bought 527,412 shares and 530,839 shares, respectively.


Hot Picks Today

"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ① "Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①

※ 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.


한글 기사 보기
This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing