Kakao, Stock Price +1.09% at This Time... Foreigners Net Buy 245,726 Shares in Last 5 Days
Kakao is trading at 371,000 KRW as of 2:30 PM on the 24th, up 1.09% from the previous day. The trading volume is 572,871 shares, which is 159.35% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On November 24, Minjeong Kim, a researcher at Hi Investment & Securities, stated, "Simultaneous improvement in sales and profitability. The business portfolio is balanced with a 5:5 ratio between platform and content sales. In an environment where competitiveness in the platform ecosystem is becoming increasingly important, the strengthening of content competitiveness is very positive. The corporate value re-evaluation continues due to the listing of subsidiaries such as KakaoPage and KakaoBank." She set Kakao's target price at 470,000 KRW.
Over the past five days, individual investors have net sold 207,213 shares of Kakao, while foreigners and institutions have net bought 245,726 shares and net sold 30,010 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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