Hyundai Motor, 610,000 Shares Net Sold by Foreigners in Last 5 Days... Stock Price 171,500 KRW (+4.89%)

As of 2:30 PM on the 28th, Hyundai Motor Company is trading at 171,500 KRW, up 4.89% from the previous day. The trading volume is 5,102,083 shares, which is 213.36% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.

On August 26, researcher Lee Jae-il from Eugene Investment & Securities stated, "In 2021, the launch of new electric vehicles based on the E-GMP platform will be fully initiated. The introduction of E-GMP can be seen as a change that lays the groundwork for Hyundai Motor Group to apply the new technologies related to electric vehicles that it has been preparing so far. Hyundai plans to release four new electric vehicle models, including one Ioniq EV and three Genesis EVs. The company signed an MOU with Cummins, a major American commercial vehicle specialist, to enter the hydrogen commercial vehicle market. In 2023, Hyundai is expected to launch an improved second-generation Nexo, marking a turning point for the popularization of hydrogen passenger cars." He set Hyundai's target price at 200,000 KRW.

Over the past five days, individual investors have net purchased 577,888 shares of Hyundai Motor Company, while foreign investors and institutions have net sold 610,000 shares and net purchased 270 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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