Kakao, Foreign Investors Net Buy 818,304 Shares in Last 5 Days... Stock Price 446,500 KRW (-1.43%)
As of 12:30 PM on the 12th, Kakao is trading at 446,500 KRW, down 1.43% from the previous day. The trading volume is 705,913 shares, which is about 22.43% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On January 11, Minjung Kim, a researcher at Hi Investment & Securities, stated, "This year, subsidiaries KakaoBank, KakaoPay, and KakaoPage are scheduled to go public. KakaoPay is rapidly increasing payment transactions that contribute to revenue instead of remittance transactions, and this year, with the upcoming launch of MTS through KakaoPage Securities, its value as a lifestyle financial platform is expected to improve further." She set Kakao's target price at 550,000 KRW.
Over the past five days, individual investors have net sold 673,701 shares of Kakao, while foreigners and institutions have net bought 818,304 shares and net sold 180,613 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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