As of 10:30 AM on the 4th, Samsung Electronics is trading at 71,600 KRW, up 2.73% from the previous day. The trading volume is 12,817,533 shares, which is 55.6% of the previous day's volume. Samsung Electronics is known as a global IT company.
On December 4th, analyst Kim Jang-yeol of Sangsangin Securities stated, "The exchange rate (won appreciation) presents both positive factors for stock supply and demand and negative factors for earnings estimates. The sensitivity is lower than that of Hynix. However, the current expectation of rising semiconductor prices is likely to continue to outweigh all variables. Around January 2021, before and after the announcement of Q4 2020 earnings, the satisfaction level of shareholder return policy expectations is expected to be a turning point for the stock price. There is also a possibility of profit-taking forces emerging depending on changes in the relative price attractiveness of other sectors." He set the target price for Samsung Electronics at 81,000 KRW.
Over the past five days, individual investors have net purchased 11,588,299 shares of Samsung Electronics, while foreigners and institutions have net sold 9,718,643 shares and 2,134,983 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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