[Featured Stock] Hyundai Motor Hits Intraday Low... Plummets Over 9%
[Asia Economy Reporter Minji Lee] Hyundai Motor Company fell to the 80,000 KRW range during trading, hitting a new low.
At 10:05 AM on the 13th, Hyundai Motor was traded at 86,500 KRW on the Korea Exchange, down 8.95% from the previous session. On this day, Hyundai Motor dropped to the 80,000 KRW range, falling below the previous new low of 94,500 KRW.
Global major stock markets, including the domestic market, have been plummeting since the World Health Organization (WHO) declared COVID-19 a pandemic.
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At the same time, the KOSPI index was at 1,715.16, down 6.5% (119.17 points) from the previous session. Currently, foreign investors and institutions have net sold stocks worth 349.2 billion KRW and 100 million KRW respectively, while individual investors have been the sole net buyers with purchases totaling 326.4 billion KRW.
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