Kakao, Stock Price +0.91% at This Hour... 244,132 Shares Net Bought by Individuals in Last 5 Days
Kakao is trading at 333,000 KRW as of 1:30 PM on the 2nd, up 0.91% from the previous day. The trading volume is 259,307 shares, which is 47.45% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On October 28, Jin-gu Kim, a researcher at KTB Investment & Securities, stated, "Continuously recommending internet sector stocks, we believe that with the Ant Group IPO as a turning point, the value of the tech-finance sectors such as Kakao Bank and Kakao Pay, which are Kakao's core businesses, will level up, driving an increase in the company's corporate value." He set Kakao's target price at 440,000 KRW.
Over the past five days, individual investors have net purchased 244,132 shares of Kakao, while foreigners and institutions have net sold 166,048 shares and 97,502 shares, respectively.
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※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.
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