Kakao, 302,640 Shares Net Bought by Individuals in Last 5 Days... Stock Price 342,000 KRW (+2.4%)

Kakao is trading at 342,000 KRW as of 1:30 PM on the 28th, up 2.4% from the previous day. The trading volume is 411,081 shares, which is 52.28% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On October 28, Jin-gu Kim, a researcher at KTB Investment & Securities, stated, "We continue to recommend the internet sector as a focus stock. With the Ant Group IPO as a turning point, the value of the company's core businesses such as KakaoBank and KakaoPay in the tech-finance sector is expected to level up, driving an increase in the company's corporate value." He set Kakao's target price at 440,000 KRW.

Over the past five days, individual investors have net purchased 302,640 shares of Kakao, while foreign investors and institutions have net sold 64,064 shares and 234,687 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.