Kakao, 407,529 Shares Net Sold by Individuals in Last 5 Days... Stock Price 263,500 Won (0.0%)
As of 12:31 PM on the 19th, Kakao is trading at 263,500 won, the same price as the previous day. The trading volume is 557,199 shares, which is about 57.79% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On June 19, Sung Jong-hwa, a researcher at Ebest Investment & Securities, announced a target price of 350,000 won for Kakao, stating: "① TokBizBoard has multiple momentum points such as daily sales far exceeding 500 million won, increased advertising rates, and an upward adjustment of the Add Road Ratio. ② Mobility and Pay may report steep profit improvement trends or a turnaround to operating profit. ③ Games recently filed for preliminary review for KOSDAQ listing, restarting its IPO. ④ Page may announce IPO news. ⑤ Bank is strengthening mid-interest loans and launching more advanced and differentiated services utilizing Kakao ecosystem content."
Over the past five days, individual investors have net sold 407,529 shares of Kakao, while foreigners and institutions have net bought 163,326 shares and 214,743 shares, respectively.

※ 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.
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