Emart, 171,523 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 178,500 KRW (+0.85%)
As of 10:30 AM on the 11th, Emart is trading at 178,500 KRW, up 0.85% from the previous day. The trading volume is 67,032 shares, which is about 21.05% of the previous day's volume. Emart is known as the leading large discount mart retailer in the domestic market.
On March 10, Myungjoo Kim, a researcher at Mirae Asset Daewoo, stated, "Strengthening SSG.com’s open market business and improving offline store efficiency are possible. After the actual share exchange with Naver, a strategic alliance may occur, which would be an opportunity to increase Emart’s corporate value in both online and offline sectors. Coupang’s IPO is a competitor’s listing and could pose a threat to Emart in the mid to long term. After the IPO, efforts will be made to expand offline infrastructure, with plans to build about 5 to 6 large logistics centers over 2 to 3 years. Forming an alliance through share exchange with Naver could help prepare for Coupang’s mid to long-term threat." He set Emart’s target price at 235,000 KRW.
Over the past five days, individual investors have net purchased 171,523 shares of Emart, while foreign investors and institutions have net sold 149,382 shares and 9,382 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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