[Featured Stock] Kia Motors Surpasses 80,000 Won on Q4 Earnings Expectations... Hits 52-Week High

[Asia Economy Reporter Ji Yeon-jin] Kia Motors surged on the 19th amid expectations of a turnaround in earnings. As of 10:49 AM on the same day, Kia Motors was trading at 79,500 KRW, up 11.19% from the previous day. The stock price rose to 80,200 KRW during the session, setting a new 52-week high.

Kia Motors is expected to report solid results for the fourth quarter of last year, with consolidated sales increasing by 1.5% year-on-year to 16.4 trillion KRW, operating profit rising 51.1% to 892.3 billion KRW, and net profit surging 123.9% to 775.6 billion KRW.