Daehan Shipping, 621,642 Shares Net Bought by Individuals in Last 5 Days... Stock Price 3,565 KRW (-3.52%)

Daehan Shipping is trading at 3,565 KRW as of 12:30 PM on the 8th, down 3.52% from the previous day. The trading volume is 10,413,788 shares, which is about 14.04% of the previous day's volume. Daehan Shipping is known as a large shipping company focused on bulk carriers.

On January 8, Ha Jun-young, a researcher at Hi Investment & Securities, stated, "With the distribution of COVID-19 vaccines, the economy is expected to recover in 2021, which will likely benefit the company. The increase in demand for raw materials is expected to raise bulk freight rates. The order backlog for bulk carriers is at a historic low, which is favorable for the company. If bulk carrier demand rises even slightly, a sharp increase in freight rates is highly likely. Once the sharp rise in freight rates begins, demand for dedicated vessel contracts from shippers is also expected to increase. The increase in the proportion of dedicated vessel sales has significantly improved profit stability." He set the target price for Daehan Shipping at 3,300 KRW.

Over the past five days, individual investors have net purchased 621,642 shares of Daehan Shipping, while foreigners and institutions have net sold 489,721 shares and net purchased 169,243 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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