SK Hynix, Foreign Investors Net Sell 2,602,478 Shares in Last 5 Days... Stock Price at 139,000 KRW (-2.11%)

As of 11:30 AM on the 5th, SK Hynix is trading at 139,000 KRW, down 2.11% from the previous day. The trading volume is 3,536,934 shares, which is 54.29% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On March 5th, Choi Doyeon, a researcher at Shinhan Financial Investment, stated, "The pace of DRAM price increases is expected to exceed market expectations. NAND prices are also expected to rebound in 2Q21 and rise strongly from 3Q21. Investment points are ① entering a period of rapid earnings growth from 1Q21, ② expectations for record-high earnings in 2022, ③ opportunities for re-rating (effect of Intel acquisition) during the NAND turnaround phase. Aggressive buying is recommended." He set SK Hynix's target price at 200,000 KRW.

Over the past five days, individual investors have net purchased 2,458,058 shares of SK Hynix, while foreigners and institutions have net sold 2,602,478 shares and net purchased 111,623 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.