Kakao, 271,681 Shares Net Bought by Individuals in Last 5 Days... Stock Price 269,500 KRW (+0.75%)
As of 2:30 PM on the 1st, Kakao is trading at 269,500 KRW, up 0.75% from the previous day. The trading volume is 462,551 shares, which is 74.68% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On June 30, Minjung Kim, a researcher at Hi Investment & Securities, stated, "Kakao Pay is showing both quantitative and qualitative growth as online payment and financial service transaction volumes rapidly increase. Kakao Page and Piccoma transaction volumes continue to reach quarterly highs, and profitability is improving quickly, raising the value of the paid content business. Additionally, the business value of Kakao Japan was newly included in the SOTP valuation." She set Kakao's target price at 330,000 KRW.
Over the past five days, individual investors have net purchased 271,681 shares of Kakao, while foreign investors and institutions have net sold 34,575 shares and 243,127 shares, respectively.
※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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