Hyundai Motor, Stock Price -0.3% at This Hour... 935,508 Shares Net Sold by Foreigners in Last 5 Days

As of 10:30 AM on the 27th, Hyundai Motor Company is trading at 167,000 KRW, down 0.3% from the previous day. The trading volume is 977,044 shares, which is about 37.27% of the previous day's volume. Hyundai Motor Company is known as the number one automaker in South Korea.

On August 26, researcher Lee Jae-il from Eugene Investment & Securities stated, "In 2021, Hyundai plans to fully launch new electric vehicles based on the E-GMP platform. The introduction of E-GMP can be seen as a change that lays the groundwork for applying new electric vehicle technologies that Hyundai Motor Group has been preparing so far. Hyundai plans to release four new electric vehicle models, including one Ioniq EV and three Genesis EVs. They have signed an MOU with Cummins, a major American commercial vehicle company, to enter the hydrogen commercial vehicle market. In 2023, Hyundai is expected to launch an improved second-generation Nexo, marking a turning point for the popularization of hydrogen passenger cars." He set Hyundai's target price at 200,000 KRW.

Over the past five days, individual investors have net purchased 749,312 shares of Hyundai, while foreign investors and institutions have net sold 935,508 shares and net purchased 169,046 shares, respectively.

※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.