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Hyundai Motor, Stock Price -0.28% at This Time... 526,398 Shares Net Bought by Individuals in the Last 5 Days

As of 1:33 PM on the 23rd, Hyundai Motor Company is trading at 179,000 KRW, down 0.28% from the previous day. The trading volume is 2,896,768 shares, which is 96.48% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On September 21, Kwon Soon-woo, a researcher at SK Securities, stated, "The third quarter results of 2020 are expected to continue recovering in the automotive and financial sectors due to mix improvement, increased operating rates, and reduced incentives. Continuous new car launches and expansions, cost improvements, and cost reductions are expected to sustain the turnaround. Based on this, Hyundai is expected to secure competitiveness compared to competitors undergoing production cuts or restructuring. If Hyundai showed resilience against competitors in the first half of the year, now is the time for that to translate into a gap." He set Hyundai Motor Company's target price at 210,000 KRW.


Over the past five days, individual investors have net purchased 526,398 shares of Hyundai Motor Company, while foreign investors and institutions have net sold 319,787 shares and 205,595 shares, respectively.


※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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