HMM, Stock Price +1.26% at This Hour... 3,536,617 Shares Net Sold by Individuals in Last 5 Days

As of 2:30 PM on the 7th, HMM is trading at 16,050 KRW, up 1.26% from the previous day. The trading volume is 7,899,876 shares, which is 85.93% of the previous day's volume. HMM is known as a shipping business operator.

On January 5th, researchers Yang Ji-hwan and Lee Ji-soo from Daishin Securities maintained a positive outlook on the container shipping market in 2021. They cited the following reasons: 1) Container supply chain disruptions (such as box shortages and port congestion) are expected to continue through the first quarter of 2021, 2) Service contract renewals in the second quarter will lead to increased SC freight rates, and 3) Economic recovery due to the easing of the COVID-19 pandemic in 2021 will sustain the growth in cargo volume. They set HMM's target price at 18,500 KRW.

Over the past five days, individual investors have net sold 3,536,617 shares of HMM, while foreign investors and institutions have net bought 3,002,003 shares and 535,615 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.