Samsung Electronics, Institutional Investors Net Buy 4,303,421 Shares in Last 5 Days... Stock Price 79,400 KRW (+2.06%)
As of 11:31 AM on the 28th, Samsung Electronics is trading at 79,400 KRW, up 2.06% from the previous day. The trading volume is 20,468,457 shares, which is about 63.5% of the previous day's volume. Samsung Electronics is known as a global IT company.
On December 23, Choi Doyeon, a researcher at Shinhan Financial Investment, forecasted a rise in DRAM prices starting from 1Q21. The Huawei Russia order accelerated inventory depletion, and recently, mobile semiconductor orders for Oppo, Vivo, and Xiaomi have expanded. Due to inventory reduction by server companies, orders for server semiconductors destined for data centers have also begun to resume. From now on, the stock price is expected to rise in line with the semiconductor market conditions. Expectations for shareholder returns are also expected to rise again. The DRAM spot price has recently entered an upward phase. Choi set Samsung Electronics' target price at 90,000 KRW.
Over the past five days, individual investors have net sold 1,219,505 shares of Samsung Electronics, while foreigners and institutions have net sold 3,069,463 shares and net bought 4,303,421 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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