Kakao, Foreign Investors Net Buy 172,361 Shares in Last 5 Days... Stock Price 273,000 Won (+3.61%)

As of 12:31 PM on the 22nd, Kakao is trading at 273,000 KRW, up 3.61% from the previous day. The trading volume is 1,521,333 shares, which is 167.75% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On June 19, Seong Jonghwa, a researcher at Ebest Investment & Securities, stated, "① TokBizBoard has multiple momentum points such as daily sales far exceeding 500 million KRW, increased advertising rates, and an upward adjustment of the Add Road Ratio. ② Mobility and Pay may announce steep profit improvement trends or a turnaround to operating profit. ③ Games recently filed for preliminary review for KOSDAQ listing, restarting the IPO process. ④ Page may announce IPO news. ⑤ Bank is strengthening mid-interest loans and launching more advanced and differentiated services utilizing Kakao ecosystem content." He set Kakao’s target price at 350,000 KRW.

Over the past five days, individual investors have net sold 120,759 shares of Kakao, while foreigners and institutions have net bought 172,361 shares and net sold 75,791 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 financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.