The stocks most heavily net-purchased by high-return investors trading at Mirae Asset Securities on the morning of the 7th were Samsung Electronics (005930.KS), HD Hyundai Heavy Industries (329180.KS), and Samsung Electronics preferred shares.
According to Mirae Asset Securities, Samsung Electronics was the most-bought stock as of 11 a.m. among "stock masters" — the top 1% of Mirae Asset Securities' stock trading clients by investment return over the past month.
According to the Korea Exchange, Samsung Electronics traded at 268,500 won as of 11 a.m., up 0.94% from the previous session. A report raising Samsung Electronics' target price to as high as 500,000 won was also released in the securities industry that day. SK Securities (target price 500,000 won) and Mirae Asset Securities (400,000 won) issued reports further raising their target prices for Samsung Electronics.
Samsung Electronics recently announced record first-quarter consolidated earnings, posting revenue of 133.87 trillion won ($98 billion) and operating profit of 57.23 trillion won ($42 billion). Compared with the first quarter of last year, revenue rose 69.2%, while operating profit surged 756.1%.
The Device Solutions (DS) division in charge of the semiconductor business drove the overall results, posting revenue of 81.7 trillion won and operating profit of 53.7 trillion won. With the expansion of global artificial intelligence (AI) investment boosting demand for high bandwidth memory (HBM), and supply shortages expected to persist, profit margins are rising day by day.
HD Hyundai Heavy Industries, which ranked second in net buying, is trading at 686,000 won, up 5.86% from the previous session. HD Hyundai Heavy Industries is a leading Korean shipbuilder that produces high value-added vessels and eco-friendly engines, centered on shipbuilding, engines, and offshore plant businesses. On the 30th of last month, it signed a 504.8 billion won contract with KSS Line for three very large gas carriers (VLGCs) and also signed a 514.8 billion won icebreaker contract with the Swedish Maritime Administration, continuing a recent streak of large-scale orders.
Samsung Electronics preferred shares, which ranked third, are trading at 184,400 won, down 2.59% from the previous session. Top traders appear to have stepped in for bargain buying as the price advantage relative to common shares came into focus. Despite the recent rise in Samsung Electronics' share price, the preferred shares still maintain a high discount rate, and analysts say investment demand targeting both dividend yield and capital gains continues.
Top net-sold stocks on the day were Hyosung Heavy Industries (298040.KS), LG Innotek (011070.KS), and LS ELECTRIC (010120.KS), in that order. Net buying on the previous trading day was led by Duksan Techopia, Samsung SDI (006400.KS), and NAVER (035420.KS). Top net-sold stocks the previous day were Samsung Electronics, SK Square (402340.KS), and Philoptics.
Mirae Asset Securities compiles trading data on the top 1% of investors by return over the past month among its clients and discloses it on its mobile trading system (MTS) on a real-time, previous-day, and five-day basis. The statistical data is simple informational guidance unrelated to the views of Mirae Asset Securities and does not guarantee investment results or returns tailored to individual investors. Investors should also note that theme-related stocks may experience abnormal volatility.
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