As of 2:30 PM on the 16th, Samsung Electronics is trading at 59,300 KRW, down 1.17% from the previous day. The trading volume is 13,352,834 shares, which is 75.94% of the previous day's volume. Samsung Electronics is known as a global IT company.
On October 13, researchers No Geun-chang and Park Chan-ho from Hyundai Motor Securities stated, "In the fourth quarter, a further price decline in Server DRAM is expected to inevitably reduce profits in the semiconductor sector. Inventory adjustments for server products are intensifying at least until November. Fourth-quarter sales are expected to increase by 4.0% QoQ to 69.2 trillion KRW, but operating profit is projected to decrease by 11.5% QoQ to 10.9 trillion KRW due to semiconductor price declines and increased marketing expenses in the finished product division. Expectations for shareholder return policies are becoming more active." They set Samsung Electronics' target price at 74,000 KRW.
Over the past five days, individual investors have net sold 8,364,535 shares of Samsung Electronics, while foreigners and institutions have net bought 11,118,146 shares and net sold 2,396,435 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.
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