Kia Motors, Stock Price -2.68% at This Hour... 1,603,373 Shares Net Bought by Individuals in Last 5 Days

Kia Motors is trading at 45,450 KRW as of 12:30 PM on the 20th, down 2.68% from the previous day. The trading volume is 3,081,770 shares, which is 226.72% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.

On October 16, Hana Financial Investment researchers Song Seonjae and Gu Seongjung stated, "The third-quarter earnings are expected to meet the recently heightened market expectations, supported by an increase in ASP based on the expanded proportion of high-priced new domestic models. Sales of new models released this year have been favorable, and with the addition of the new Sportage and new K7 from the fourth quarter onward, the new car effect will be strengthened. In the electric vehicle sector, the launch of the CV, a dedicated model based on the e-GMP platform, is expected to increase the sales proportion and lead to a valuation reassessment." They set Kia Motors' target price at 57,000 KRW.

Over the past five days, individual investors have net purchased 1,603,373 shares of Kia Motors, while foreign investors and institutions have net purchased 1,332 shares and net sold 1,525,341 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.