NAVER, Stock Price Down 2.51% at This Hour... Foreigners Net Sell 318,109 Shares in Last 5 Days
As of 2:30 PM on the 25th, NAVER is trading at 272,000 KRW, down 2.51% from the previous day. The trading volume is 974,752 shares, which is about 98.7% of the previous day's volume. NAVER is known as the operator of Naver, the number one internet portal.
On June 22, Changyoung Lee, a researcher at Yuanta Securities, stated, "The recently launched Naver membership service ‘Naver Plus’ is expected to expand the platform from search-shopping to payment-content by offering various benefits such as Naver Pay reward benefits and free Naver content benefits, thereby increasing user loyalty. The increase in Naver Pay Money usage through Naver Plus, along with interest payments on Naver accounts, will further increase the balance, serving as a catalyst for future growth in financial businesses such as financial products, securities, and insurance." He set NAVER’s target price at 360,000 KRW.
Over the past five days, individual investors have net purchased 272,088 shares of NAVER, while foreigners and institutions have net sold 318,109 shares and net purchased 59,689 shares, respectively.

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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