Hyundai Steel, Stock Price Down 2.43% at This Hour... 306,748 Shares Net Sold by Individuals in Last 5 Days

As of 11:31 AM on the 26th, Hyundai Steel is trading at 40,150 KRW, down 2.43% from the previous day. The trading volume is 544,358 shares, which is 71.78% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.

On February 24th, Jonghyung Lee, a researcher at Kiwoom Securities, stated, "Investing up to 250 billion KRW to expand production of metal separator plates for hydrogen vehicles and by-product hydrogen. Signed a Memorandum of Understanding (MOU) for the development of the hydrogen distribution industry for hydrogen vehicles with domestic hydrogen-related companies such as Hyundai Motor Company, Korea Gas Corporation, HyNet, Hyundai Glovis, and SPG. Plans to expand hydrogen production and distribution facilities, introduce hydrogen vehicles at major business sites, expand the application of transport vehicles, and promote the establishment of eco-friendly fuel cell power generation systems using hydrogen. Foster the hydrogen business in connection with the group’s expansion of hydrogen vehicle production." He set Hyundai Steel’s target price at 55,000 KRW.

Over the past five days, individual investors have net sold 306,748 shares of Hyundai Steel, while foreigners and institutions have net bought 126,038 shares and 174,716 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.