Pan Ocean, Institutional Investors Net Buy 1,940,987 Shares in Last 5 Days... Stock Price 6,650 KRW (+3.42%)
As of 11:31 AM on the 8th, Pan Ocean is trading at 6,650 KRW, up 3.42% from the previous day. The trading volume is 15,729,900 shares, which is 19.24% of the previous day's volume. Pan Ocean is known as a maritime transportation company primarily operating bulk carriers.
On March 8, Yang Hyung-mo, a researcher at DS Investment & Securities, stated, "Due to the impact of Covid-19, countries worldwide are prioritizing job restoration to promote overall economic growth and stability. Fiscal policy is essential for this, meaning infrastructure investment is expected to be implemented. This is anticipated to increase steel demand, and with the recovery of steel production and economic activities, the volume of iron ore, coal, grains, and minor dry-bulk cargo is also expected to rise. Now is a time to expect upside potential." He set Pan Ocean's target price at 8,000 KRW.
Over the past five days, individual investors have net sold 870,595 shares of Pan Ocean, while foreigners and institutions have net sold 758,990 shares and net bought 1,940,987 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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