As of 1:31 PM on the 30th, Samsung C&T is trading at 113,000 KRW, up 1.8% from the previous day. The trading volume is 823,257 shares, which is 72.19% 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 27, KB Securities analyst Jeong Dong-ik stated, "Ideas related to restructuring the governance, such as selling Biologics shares and acquiring Samsung Electronics shares or splitting Samsung Electronics and merging the investment division with Samsung C&T, are unlikely to materialize soon considering the forced conversion of Samsung C&T into a holding company, Samsung Electronics’ lack of treasury shares, and the grace period in the amendment to the Insurance Business Act. One thing is certain: with Vice Chairman Lee Jae-yong as the largest shareholder of Samsung C&T, the possibility of decisions that would damage Samsung C&T’s corporate value is very low." He set the target price for Samsung C&T at 145,000 KRW.
Over the past five days, individual investors have net purchased 163,029 shares of Samsung C&T, while foreigners and institutions have net sold 431,514 shares and net purchased 260,502 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 the financial AI specialist company Thinkpool.
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