Kia Motors, Stock Price +2.42% at This Hour... Foreigners Net Sell 3,643,054 Shares in Last 5 Days
Kia Motors is trading at 84,500 KRW as of 11:31 AM on the 1st, up 2.42% from the previous day. The trading volume is 3,609,517 shares, which is about 40.18% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.
On January 28, Kiwoom Securities researcher Minseon Kim stated, "The strong sales performance in the US and Indian markets, which led to Kia Motors' improved results last year, is expected to continue this year. Specifically, 1) the expansion of exports of the Sonet from the Indian factory to emerging markets will enhance regional profitability, 2) no major competitor new model launches are scheduled between the Telluride and Seltos, which drove strong performance in the US market, and 3) the 4th generation Sorento, our best-selling model in the US market, began full-scale sales after its launch at the end of last year, creating an optimal business environment." He set Kia Motors' target price at 120,000 KRW.
Over the past five days, individual investors have net purchased 1,957,081 shares of Kia Motors, while foreigners and institutions have net sold 3,643,054 shares and net purchased 1,683,894 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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