KT, Stock Price +0.19% at This Hour... Institutional Investors Net Buy 3,425,995 Shares in Last 5 Days
As of 10:31 AM on the 19th, KT is trading at 26,550 KRW, up 0.19% from the previous day. The trading volume is 1,114,514 shares, which is 45.22% of the previous day's volume. KT is known as a comprehensive wired and wireless telecommunications company.
On February 16, Kim Hong-sik, a researcher at Hana Financial Investment, stated the reasons for recommendation as follows: 1) Considering the trend and outlook of dividends per share, there is a high likelihood of short-term market funds flowing into KT; 2) Given KT management's forecast for this year's 5G subscriber penetration rate and mobile ARPU growth rate, high operating profit growth is expected in the future; 3) The establishment of a media control tower and the sale of non-core subsidiaries are expected to raise expectations for nurturing new growth businesses and restructuring; 4) The promotion of K-Bank IPO is expected to intensify the controversy over KT's undervaluation. He set KT's target price at 35,000 KRW.
Over the past five days, individual investors have net sold 2,654,731 shares of KT, while foreigners and institutions have net sold 925,712 shares and net bought 3,425,995 shares, respectively.
Hot Picks Today
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [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.