POSCO, Stock Price +1.73% at This Hour... 356,257 Shares Net Sold by Individuals in Last 5 Days

As of 9:30 AM on the 29th, POSCO is trading at 323,500 KRW, up 1.73% from the previous day. The trading volume is 117,478 shares, which is 24.21% of the previous day's volume. POSCO is known as a steel manufacturing and distribution company.

On March 26, researcher Byun Jong-man of NH Investment & Securities stated, "The Chinese government mentioned steel production cuts in 2021 to reduce carbon emissions. Even if crude steel production does not actually decrease, if related policies are concretized, it will be positive for steel companies' stock prices. In this case, POSCO's stock price will be in an environment similar to 2016?2018, characterized by 1) economic recovery (interest rate hikes, inflation) and 2) supply restriction policies. At that time, the stock price rose to a PBR level of 0.8 times. The expected dividend yield based on the previous day's closing price is 3.2% (expected dividend per share: 10,000 KRW)." He set POSCO's target price at 420,000 KRW.

Over the past five days, individual investors have net sold 356,257 shares of POSCO, while foreigners and institutions have net bought 272,414 shares and 84,655 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article 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.