HMM, Stock Price +0.73% at This Hour.... Foreigners Net Buy 1,708,596 Shares in Last 5 Days
As of 1:30 PM on the 30th, HMM is trading at 13,850 KRW, up 0.73% from the previous day. The trading volume is 4,206,835 shares, which is 45.54% of the previous day's volume. HMM is known as a shipping business operator.
On December 29, Yang Ji-hwan, a researcher at Daishin Securities, stated, "We maintain a positive outlook on the container shipping market in 2021. The reasons are: 1) Container Supply Chain Disruption (shortage of boxes, port congestion, etc.) will continue until the first quarter of 2021; 2) Service Contract Renewal in the second quarter will lead to an increase in SC freight rates; 3) The easing of the COVID-19 pandemic in 2021 will result in economic recovery and continued growth in cargo volume." He set HMM's target price at 18,500 KRW.
Over the past five days, individual investors have net sold 1,484,035 shares of HMM, while foreigners and institutions have net bought 1,708,596 shares and net sold 81,523 shares, respectively.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Living the Homebody Dream? "I Was Shocked by My Spending" How to Cut Costs to 5,000 Won for Essentials [The Principles of Benefits]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]

※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.