Samsung Heavy Industries, Stock Price Down 3.83% at This Hour... Foreigners Net Buy 852,780 Shares in Last 5 Days

As of 1:30 PM on the 10th, Samsung Heavy Industries is trading at 5,530 KRW, down 3.83% from the previous day. The trading volume is 3,841,480 shares, which is about 83.33% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.

On July 7, analyst Kyunggeun Park of Ebest Investment & Securities stated, "2020 order target achieved 6.0%. Assuming LOI, $3.69 billion, about 44% achieved. The $250 million damages lawsuit filed by Petrobras against Samsung Heavy Industries on June 22 was dismissed. Since the company did not set aside provisions for the related lawsuit, the impact on the company's recent performance is expected to be limited. However, the resolution of uncertainties surrounding the company is considered positive." He set the target price for Samsung Heavy Industries at 5,700 KRW.

Over the past five days, individual investors have net sold 305,362 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 852,780 shares and net sold 577,156 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 company Thinkpool.