Samsung Electronics, Foreign Investors Net Buy 7,792,581 Shares in Last 5 Days... Stock Price 53,100 KRW (+0.57%)

As of 9:30 AM on the 1st, Samsung Electronics is trading at 53,100 KRW, up 0.57% from the previous day. The trading volume is 4,125,838 shares, which is about 19.6% of the previous day's volume. Samsung Electronics is known as a global IT company.

On July 1st, Song Myungseop, a researcher at Hi Investment & Securities, stated, "In 3Q20, shipments of smartphones and TVs in the IM and CE divisions are expected to recover further, and AM OLED purchases for new smartphone production by the largest customer in the DP division are expected to resume. In the semiconductor division, DRAM and NAND blended ASPs are expected to decline by about 3% each, but operating profit may slightly increase compared to the previous quarter due to increased shipments focused on mobile and gaming devices and cost reductions." He set the target price for Samsung Electronics at 67,000 KRW.

Over the past five days, individual investors have net sold 7,513,302 shares of Samsung Electronics, while foreigners and institutions have net bought 7,792,581 shares and net sold 754,165 shares, respectively.

※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.