Kakao, 714,637 Shares Net Sold by Individuals in Last 5 Days... Stock Price 370,500 Won (0.0%)

Kakao is trading at 370,500 won as of 12:30 PM on the 9th, the same price as the previous day. The trading volume is 412,263 shares, which is about 31.51% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On November 6, Ju Young-hoon, a researcher at Eugene Investment & Securities, stated, "Despite the off-season, the company's TalkBoard business also recorded its highest-ever sales in September. The goal was to reach more than 10,000 TalkBoard advertisers by the end of the year, but a positive trend continues as 12,000 advertisers were already achieved by the end of the third quarter. Not only advertising but also the transaction-type business is progressing smoothly. In the third quarter, Kakao Gift transaction volume increased by 54% compared to the same period last year. It is also significant that the transaction volume of delivery products within Gift more than doubled." He set Kakao's target price at 430,000 won.

Over the past five days, individual investors have net sold 714,637 shares of Kakao, while foreigners and institutions have net bought 469,842 shares and 269,060 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.