As of 11:30 AM on the 24th, POSCO is trading at 306,000 KRW, down 2.24% from the previous day. The trading volume is 236,722 shares, which is 26.55% of the previous day's volume. POSCO is known as a steel manufacturing and distribution company.


On March 19, Baek Gwangje, a researcher at Kyobo Securities, stated, "Due to the recent steel price strength driven by expectations of economic recovery, demand recovery expectations, and product price increases, the 2021 performance is expected to achieve a large-scale turnaround. With global improvements expected from the impact of COVID-19, visible demand improvements in front industries such as automotive, construction, and shipbuilding, and the internalization of fixed cost reduction structures implemented during crises, operating performance across all sectors is expected to improve." He set POSCO's target price at 350,000 KRW.


Over the past five days, individual investors have net purchased 99,452 shares of POSCO, while foreigners and institutions have net purchased 6,623 shares and net sold 97,352 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an article automatic generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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