SK Innovation, 72,436 Shares Net Sold by Individuals Over Last 5 Days... Stock Price at 219,000 KRW (-1.79%)

As of 12:30 PM on the 31st, SK Innovation is trading at 219,000 KRW, down 1.79% from the previous day. The trading volume is 606,694 shares, which is about 42.56% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On March 30, analyst Hwang Kyu-won of Yuanta Securities stated, "There is a high possibility that refining margins will recover above the break-even point in the second half of the year. Globally, aging refineries have announced closures of 3.6 million b/d of refining capacity from 2020 to 2023, accounting for 4% of global demand. In March 2021, a negative factor emerged from Volkswagen Ltd., which accounts for 30% of SK Innovation㈜'s order backlog of 70 trillion KRW. Volkswagen plans to use prismatic batteries instead of Korean pouch batteries. This could reduce SK Innovation㈜'s battery market share by 2 to 3%." He set SK Innovation's target price at 300,000 KRW.

Over the past five days, individual investors have net sold 72,436 shares of SK Innovation, while foreigners and institutions have net bought 54,968 shares and 7,999 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 financial AI specialist Thinkpool.

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