As of 2:31 PM on the 28th, Samsung C&T is trading at 112,500 KRW, down 2.6% from the previous day. The trading volume is 1,332,914 shares, which is about 50.35% of the previous day's volume. Samsung C&T is known as a company engaged in fashion, construction, leisure, catering, and food distribution businesses.
On October 28, Shinhan Financial Investment researchers Kim Suhyun and Yeom Jongsun stated, "At the board meeting yesterday, all new investments and businesses related to coal were completely halted. As the de facto control tower within the group, it is expected to play a role not only in corporate governance restructuring but also in enhancing corporate value and expanding dividends. An environment has been created where minority shareholders can also enjoy these benefits. The utilization plan for the currently held 12.5% treasury shares can also act as a positive factor for the stock price amid the governance restructuring." They set the target price for Samsung C&T at 153,000 KRW.
Over the past five days, individual investors have net sold 72,290 shares of Samsung C&T, while foreigners and institutions have net sold 509,245 shares and net bought 583,086 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.
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