Hyundai Motor, 387,806 Shares Net Bought by Individuals in Last 5 Days... Stock Price 235,500 KRW (-3.68%)

As of 2:30 PM on the 24th, Hyundai Motor Company is trading at 235,500 KRW, down 3.68% from the previous day. The trading volume is 1,627,962 shares, which is 101.88% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.

On February 24th, Jinwoo Kim, a researcher at Korea Investment & Securities, stated, "The dedicated electric vehicle Ioniq 5 has been unveiled. Although the driving range is shorter than previously known, this is due to differences in measurement methods. The domestic standards are more stringent. According to European standards, a range of over 500 km is expected. The vehicle body is larger than anticipated. Considering that demand exceeds supply for next-generation electric vehicles, pre-orders on the 25th are expected to be strong. The Ioniq 5 will mark the start of a full-scale global electric vehicle market attack. Attention is focused on superior interior space and convenience features compared to competitors. Consumers who prioritize these aspects will be the main target." He set Hyundai Motor's target price at 330,000 KRW.

Over the past five days, individual investors have net purchased 387,806 shares of Hyundai Motor, while foreigners and institutions have net sold 146,729 shares and 240,129 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.