Hyundai Motor, Foreign Investors Net Sell 507,341 Shares in Last 5 Days... Stock Price 172,000 KRW (-2.55%)

As of 10:30 AM on the 4th, Hyundai Motor Company is trading at 172,000 KRW, down 2.55% from the previous day. The trading volume is 1,517,644 shares, which is about 83.26% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.

On September 1st, researchers Seungjae Han and Pyeongmo Kim from DB Financial Investment stated, "The Genesis effect was once again proven through the 2Q20 performance. Domestic Genesis sales, with an estimated average ASP of 70 to 80 million KRW, reached approximately 40,000 units (+121% YoY) in 2Q20. In the second half of the year, GV80 sales will fully launch in the North American market, and GV70 will be added to the domestic market. Production at major overseas plants is also expected to approach 90% of the previous year's level due to recovery in consumer sentiment and normalization of operations. In the Zero Emission era, there is an opportunity for Hyundai Motor Company." They set Hyundai Motor's target price at 220,000 KRW.

Over the past five days, individual investors have net purchased 75,278 shares of Hyundai Motor, while foreigners and institutions have net sold 507,341 shares and net purchased 388,684 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 the financial AI specialist company Thinkpool.

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