Kakao, Stock Price Down -1.62% at This Hour... 462,871 Shares Net Bought by Individuals in Last 5 Days

As of 9:30 AM on the 7th, Kakao is trading at 395,500 KRW, down 1.62% from the previous day. The trading volume is 226,944 shares, which is about 19.6% 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, "Along with Naver, the company is aggressively investing in artificial intelligence research. 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 various ways to secure subscribers, recommend products and services that subscribers are likely to respond well to, and further provide 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 462,871 shares of Kakao, while foreigners and institutions have net sold 256,866 shares and 207,063 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.