Kumho Petrochemical, 259,949 Shares Net Bought by Individuals in Last 5 Days... Stock Price 240,500 KRW (-2.83%)

Kumho Petrochemical is trading at 240,500 KRW as of 10:30 AM on the 1st, down 2.83% from the previous day. The trading volume is 332,169 shares, which is about 16.59% of the previous day's volume. Kumho Petrochemical is known as a manufacturer of synthetic resins and synthetic rubber.

On January 28, Lee Dong-wook, a researcher at Kiwoom Securities, stated, "Despite the forecasted decline in glove demand due to vaccine development, a tight supply situation for nitrile gloves has occurred due to the increase in confirmed cases, and the ASP has risen by about 40-50% compared to the previous quarter. Additionally, due to increased hygiene demand in emerging markets, the company's ASP is expected to rise by 40-50% compared to the previous quarter this quarter as well." He set Kumho Petrochemical's target price at 300,000 KRW.

Over the past five days, individual investors have net purchased 259,949 shares of Kumho Petrochemical, while foreigners and institutions have net sold 154,916 shares and 2,192 shares, respectively.

※ 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.

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