As of 1:31 PM on the 25th, Samsung Engineering is trading at 14,300 KRW, up 3.62% from the previous day. The trading volume is 5,517,265 shares, which is 108.77% of the previous day's volume. Samsung Engineering is known as a company specializing in chemical and non-chemical plant engineering.
On November 25, Kim Yeolmae, a researcher at Eugene Investment & Securities, stated, "A long-standing leader in chemical plant EPC, with industry improvement expected alongside rising oil prices and new order prospects. They are filling large-scale project new orders through a FEED to EPC linked order method. On November 19, they announced an EPC contract for the Dos Bocas refinery in Mexico. The Sarawak methanol project in Malaysia, which is being pursued in a similar manner, is also about to convert to an EPC contract. The Saudi Jafurah gas project, selected as Lowest, and the UAE Hail and Ghasha commercial bidding are expected orders in the first half of 2021." He set the target price for Samsung Engineering at 16,000 KRW.
Over the past five days, individual investors have net sold 781,186 shares of Samsung Engineering, while foreigners and institutions have net sold 363,104 shares and net bought 1,058,407 shares, respectively.

※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article automation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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