Korea Electric Power Corporation, Institutional Investors Net Sell 4,401,195 Shares in Last 5 Days... Stock Price 25,100 KRW (-0.79%)

Korea Electric Power Corporation (KEPCO) is trading at 25,100 KRW as of 10:30 AM on the 18th, down 0.79% from the previous day. The trading volume is 1,841,094 shares, which is about 33.76% of the previous day's volume. KEPCO is known as a special corporation established under the Korea Electric Power Corporation Act.

On January 15, Yu Jae-seon, a researcher at Hana Financial Investment, stated, "Compared to the exceptional cost reductions seen in 2020, expectations for 2021 earnings should be lowered. There is a 5 to 6-month lag between raw material prices and operating costs, but an 8 to 9-month lag with electricity rates, so during periods of rising costs, the spread tends to narrow. Until the third quarter, sales will decrease due to lower actual fuel costs compared to the standard fuel costs, while costs will gradually rise from the beginning of the year. Although an increase in the fuel cost adjustment unit price is expected in the fourth quarter, there will likely be no actual electricity rate increase this year." He set KEPCO's target price at 39,000 KRW.

Over the past five days, individual investors have net purchased 3,871,827 shares of KEPCO, while foreign investors and institutions have net purchased 472,160 shares and net sold 4,401,195 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.