OCI, Institutional Investors Net Sell 187,155 Shares in Last 5 Days... Stock Price 63,700 Won (-0.78%)

As of 10:31 AM on the 12th, OCI is trading at 63,700 KRW, down 0.78% from the previous day. The trading volume is 279,472 shares, which is about 23.92% of the previous day's volume. OCI is known as a producer of high value-added chemical products such as polysilicon.

On October 7th, Hansangwon, a researcher at Daishin Securities, stated, "Due to operational disruptions at Chinese competitors, polysilicon prices surged since July, leading to a stock price rebound. The annual profit improvement effect of the Malaysia plant from a $1/kg increase in selling price is estimated to be around 30 billion KRW. However, more significant than simple profit improvement is the normalization of polysilicon prices, which had been far below appropriate levels → this is because the structure has shifted to one capable of generating profits. Additional upside potential for the stock includes meaningful earnings contributions from EG-grade polysilicon, cash generation through the Incheon Hagikdong site (DCRE), and structural supply-demand improvements in polysilicon," and set OCI's target price at 68,500 KRW.

Over the past five days, individual investors have net purchased 2,487 shares of OCI, while foreigners and institutions have net purchased 164,764 shares and net sold 187,155 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.