Kakao, Stock Price Down 2.56% at This Hour... 664,671 Shares Net Bought by Individuals in Last 5 Days

Kakao is trading at 399,500 KRW as of 12:30 PM on the 4th, down 2.56% from the previous day. The trading volume is 905,733 shares, which is 123.61% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On September 2nd, Hana Financial Investment researchers Hwang Seung-taek and Jung Woo-sang stated, "The company is aggressively investing in artificial intelligence research alongside Naver. In addition to its main services such as advertising, commerce, and content, Kakao is launching various new services centered around financial services. Kakao's accumulated big data and AI technology are likely being used in recommending products and services that attract subscribers and have high user engagement, as well as providing mid- to long-term asset management services. Active AI investment will shine in the New Deal." They set Kakao's target price at 440,000 KRW.

Over the past five days, individual investors have net purchased 664,671 shares of Kakao, while foreigners and institutions have net sold 415,119 shares and 253,556 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.