Daehan Shipping, Stock Price Down 4.05% at This Hour... Foreigners Net Buy 942,410 Shares in Last 5 Days

As of 2:30 PM on the 6th, Daehan Shipping is trading at 3,675 KRW, down 4.05% from the previous day. The trading volume is 28,943,118 shares, which is about 14.27% of the previous day's volume. Daehan Shipping is known as a major shipping company focused on bulk carriers.

On January 5th, researchers Yang Ji-hwan and Lee Ji-su from Daishin Securities forecasted that "the Q4 earnings are expected to meet market expectations. Although sales are expected to decrease by 10.7% year-on-year, operating profit is estimated to increase by 103.5% year-on-year to 38.4 billion KRW due to the delivery of new ships with high cost competitiveness, solid performance in the Tanker and LNG sectors, and the inflow of sales revenue from the construction division. On December 11th, Daehan Shipping's consolidated subsidiary, Daehan Shipping Lines, sold six container ships to its affiliate SM Lines for 136 billion KRW, which is also expected to contribute significantly to gains from asset disposals." They set Daehan Shipping's target price at 3,100 KRW.

Over the past five days, individual investors have net sold 833,523 shares of Daehan Shipping, while foreign investors and institutions have net bought 942,410 shares and 217,100 shares, respectively.

※ 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.

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