Kia Motors is trading at 60,500 KRW as of 12:30 PM on the 13th, up 2.54% from the previous day. The trading volume is 2,675,000 shares, which is 59.35% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.


On November 12, Hana Financial Investment researchers Song Seon-jae and Gu Seong-jung stated, "Performance improvement continues thanks to increased domestic sales and rising ASP. The SUV cycle, which led the ASP increase, is further expanding with the strong performance of existing models, the launch of the new Sportage, and its global deployment. The production increase effect at the India plant is also ongoing. While electric vehicle sales are strong mainly in Europe, from 2021, electric vehicle-exclusive models based on the E-GMP platform will be sequentially introduced, providing additional growth momentum. Performance improvement and eco-friendly vehicle achievements will serve as a catalyst for revaluation." They set Kia Motors' target price at 64,000 KRW.


Over the past five days, individual investors have net sold 1,509,829 shares of Kia Motors, while foreigners and institutions have net bought 1,351,523 shares and 126,821 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated 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.

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