Kumho Petrochemical, Foreign Investors Net Sell 166,875 Shares in Last 5 Days... Stock Price 262,000 Won (-5.24%)
Kumho Petrochemical is trading at 262,000 KRW as of 2:30 PM on the 8th, down 5.24% from the previous day. The trading volume is 585,629 shares, which is 31.57% of the previous day's volume. Kumho Petrochemical is known as a manufacturer of synthetic resins and synthetic rubber.
On February 5th, Lee Dong-wook, a researcher at Kiwoom Securities, stated, "Following the financial crisis, China's stimulus measures continued, and with the rise in oil prices due to democratization protests in the Middle East, prices of butadiene, natural rubber, and synthetic rubber surged sharply. There was also a reflective benefit from the Great East Japan Earthquake, and since 2010, there has been a tangible effect from management separation. Although the absolute levels of oil and product prices this year are lower compared to 2011, due to the effect of low-cost raw material input, increased production capacity, and a rapid increase in the proportion of high value-added products such as NB Latex, Kumho Petrochemical is expected to record the highest-ever operating profit exceeding that of 2011." He set Kumho Petrochemical's target price at 460,000 KRW.
Over the past five days, individual investors have net purchased 39,031 shares of Kumho Petrochemical, while foreigners and institutions have net sold 166,875 shares and net purchased 133,397 shares, respectively.
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※ 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.
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