At the beginning of the market on the 9th, after the news of the suspension of discussions on autonomous vehicle development with Apple, Hyundai Motor Group stocks are showing mixed trends by stock in the securities market.
As of 9:10 am on the day, Hyundai Motor Company was trading at 235,000 won, a 0.43% increase from the previous day.
It fell to 232,000 won at the beginning of the market and then turned to an upward trend.
Hyundai Mobis also increased 0.16% to 322,000 won, but Kia Motors is trading at 84,000 won, down 2.20%.
At the same time, the KOSPI rose close to 1% from the previous day and recovered to the 3,100 line, but compared to the previous day, Hyundai Motors (-6.21%), Kia Motors (-14.98%), and Hyundai Mobis (-8.65%) all fell sharply. .
These stocks have soared in the last month as the rumors of cooperation between Apple and Apple Cars emerged last month.
However, on the 5th (local time), Bloomberg News reported that Apple recently stopped discussions with Hyundai Motors and Kia for the development of electric vehicles, and Hyundai Motors, Kia and Hyundai Mobis said on the 8th, “Consultation with Apple for the development of autonomous vehicles. It was not in progress,” he said, and dropped significantly.
Securities companies evaluated the decline in stock prices the day before as a short-term adjustment period.
Kim Jin-woo, a researcher at Korea Investment & Securities Co., said, “The plunge in the stock price the previous day was due to the realization of profits.”
Moonsoo Jang, a researcher at Hyundai Motor Securities, said, “Through rational inferences from market participants, only a small number of OEMs including the Hyundai Motor Group have confirmed that this collaboration is possible.” Analyzed.
/yunhap news
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