Korea Electric Power Corporation, 2.359 Million Shares Sold Net by Individuals in Last 5 Days... Stock Price 24,800 KRW (+0.2%)
Korea Electric Power Corporation (KEPCO) is trading at 24,800 KRW as of 9:30 AM on the 17th, up 0.2% from the previous day. The trading volume is 2,226,044 shares, which is 20.41% of the previous day's volume. KEPCO is known as a special corporation established under the Korea Electric Power Corporation Act.
On March 17, Woo-un Choi, a researcher at Korea Investment & Securities, stated, "There is growing expectation for the fuel cost linkage system due to media reports that electricity rates will be raised faster than expected starting from the second quarter. The fuel cost linkage system is a long-awaited factor to eliminate the discount as it reduces KEPCO's profit volatility and rationalizes the rate system. However, there was still significant distrust about whether it would be applied properly. As a result, investment decisions were deferred until the actual rate increase. Although the government’s reservation clause remains, it is considered an opportunity with nothing to lose." He set KEPCO’s target price at 38,000 KRW.
Over the past five days, individual investors have net sold 2,359,139 shares of KEPCO, while foreigners and institutions have net bought 1,440,479 shares and 679,280 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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