SK Innovation, Stock Price +0.21% at This Time... Foreigners Net Sold 117,811 Shares in the Last 5 Days

As of 11:30 AM on the 2nd, SK Innovation is trading at 242,000 KRW, up 0.21% from the previous day. The trading volume is 645,009 shares, which is 18.11% 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 growing likelihood 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 between 2020 and 2023, accounting for 4% of global demand. In March 2021, a negative factor emerged from Volkswagen Inc., which accounts for 30% of SK Innovation Co., Ltd.'s order backlog of 70 trillion KRW. Volkswagen decided to use prismatic batteries instead of Korean pouch batteries. This could reduce SK Innovation Co., Ltd.'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 purchased 33,392 shares of SK Innovation, while foreigners and institutions have net sold 117,811 shares and net purchased 99,109 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

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

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