Kakao, Stock Price 0.0% at This Hour... 89,712 Shares Net Sold by Individuals in Last 5 Days

Kakao is trading at 492,500 won as of 2:30 PM on the 22nd, unchanged from the previous day. The trading volume is 269,455 shares, which is 52.55% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On March 17, Kim Chang-kwon, a researcher at Mirae Asset Daewoo, stated, "It has been confirmed that the performance momentum of growth business units such as Bizboard and commerce continues in the first quarter, and with the addition of the shopping tab, the transaction amount (GMV) is expected to increase significantly. Upbit, the largest cryptocurrency exchange in Korea, is expected to be the biggest beneficiary of this growth. The par value has been changed from 500 won to 100 won, with trading suspended for three days from April 12 and resumed from April 15. Kakao Pay is expected to IPO in the first half of 2021, and Kakao Bank in the second half. Additionally, Kakao Entertainment and Kakao Japan are expected to be listed in 2022." He set Kakao's target price at 590,000 won.

Over the past five days, individual investors have net sold 89,712 shares of Kakao, while foreigners and institutions have net bought 88,132 shares and net sold 6,533 shares, respectively.

※ 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.

This content was produced with the assistance of AI translation services.