Kia Motors, Stock Price +7.67% at This Hour.... Institutional Investors Net Buy 2,052,976 Shares in Last 5 Days

Kia Motors is trading at 89,800 KRW as of 12:31 PM on the 20th, up 7.67% from the previous day. The trading volume is 20,412,252 shares, which is 155.66% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.

On January 18, Dongha Kim, a researcher at Hanwha Investment & Securities, stated, "① The new car effect (domestic: Carnival, Sportage; North America: K5, Sorento; India: Sonet) is fully underway, leading to increased market share and continuous product mix improvement in both advanced and emerging markets, ② Considering the potential for improved electric vehicle profitability with the launch of new models based on the E-GMP platform, performance improvement and valuation reappraisal are expected. However, due to the absence of a luxury brand (limiting product mix improvement) and relatively high exposure to exchange rates (increased export ratio), it seems difficult to assign a higher premium than Hyundai Motor." He set Kia Motors' target price at 93,000 KRW.

Over the past five days, individual investors have net sold 1,697,496 shares of Kia Motors, while foreign investors and institutions have net sold 407,965 shares and net bought 2,052,976 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.