Kakao, Stock Price +4.08% at This Hour... 553,684 Shares Net Sold by Individuals in Last 5 Days

As of 10:31 AM on the 6th, Kakao is trading at 306,000 KRW, up 4.08% from the previous day. The trading volume is 683,647 shares, which is 42.85% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On July 2nd, Ju Young-hoon, a researcher at Eugene Investment & Securities, evaluated Kakao's core business value at 13.6 trillion KRW (KakaoTalk: 10.5 trillion KRW, Portal: 3.1 trillion KRW) and its subsidiaries' value at 12.0 trillion KRW. He stated, "Kakao's mobile services across the entire ecosystem (advertising, commerce, techfin, mobility, etc.) are becoming increasingly robust. Despite concerns about valuation pressure due to recent stock price increases, the expectations for the future remain even greater." He set Kakao's target price at 310,000 KRW.

Over the past five days, individual investors have net sold 553,684 shares of Kakao, while foreign investors and institutions have net bought 468,215 shares and 84,263 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ 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.

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