Kakao, Stock Price -0.2% at This Time... 973,068 Shares Net Sold by Individuals in Last 5 Days
As of 10:30 AM on the 16th, Kakao is trading at 501,000 KRW, down 0.2% from the previous day. The trading volume is 369,668 shares, which is about 35.43% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On February 10th, Hyundai Motor Securities researcher Kim Hyun-yong stated, "In the SOTP valuation, the realization of equity value is expected to maximize momentum in the first half of the year. The IPOs of Kakao Pay (expected at 10 trillion KRW) and Kakao Bank (expected at 20 trillion KRW) are anticipated in 2021, and Kakao Enter, launching in March, is also expected to attempt listing in 2022. The fact that it is the first independent comprehensive content corporation in Korea encompassing webtoons, K-POP, and dramas is positive," and set Kakao's target price at 530,000 KRW.
Over the past five days, individual investors have net sold 973,068 shares of Kakao, while foreigners and institutions have net bought 929,700 shares and 56,074 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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