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Auto Stocks Rally Together on the 3rd... Kia Up 2%, Hyundai Motor and Hyundai Mobis Up 1%

Kia, Hyundai Motor, and Hyundai Mobis all rose in intraday trading on the 3rd, showing a broad rally among large-cap auto stocks. Kia continued its relatively strong momentum with a gain in the 2% range, while Hyundai Motor and Hyundai Mobis added strength with gains in the 1% range. ■ Kia Up 2.65%

Wooil Shim
Staff Reporter
4 min read
Auto Stocks Rally Together on the 3rd... Kia Up 2%, Hyundai Motor and Hyundai Mobis Up 1%
CBC News

Kia, Hyundai Motor, and Hyundai Mobis all rose in intraday trading on the 3rd, showing a broad rally among large-cap auto stocks. Kia continued its relatively strong momentum with a gain in the 2% range, while Hyundai Motor and Hyundai Mobis added strength with gains in the 1% range.

■ Kia Up 2.65%... Reaching 128,300 Won Intraday

As of the morning of the 3rd, Kia is trading at 127,700 won, up 3,300 won (2.65%) from the previous trading day. After opening at 125,500 won, it extended its gains to as high as 128,300 won intraday, with a low of 123,800 won.

■ Hyundai Motor and Hyundai Mobis Also Up in the 1% Range

Hyundai Motor is trading at 384,000 won, up 6,000 won (1.59%) from the previous session. It opened at 378,500 won and rose as high as 386,000 won intraday, recording a low of 374,500 won.

Hyundai Mobis is at 423,000 won, up 7,500 won (1.81%) from the previous trading day. It rose as high as 425,000 won intraday, staying above the 420,000-won level.

■ Warmth Spreads to Parts Stocks Such as Hanon Systems and Hyundai Wia

The warmth is also spreading across auto stocks in general. At the same time, Hanon Systems is trading at 3,502 won, up 2.85%, and Hyundai Wia is up 2.48% at 57,800 won. HL Mando rose 1.58% to 48,100 won, and KG Mobility gained 1.35% to 2,635 won.

With auto-related stocks rising in unison, buying interest is flowing into the sector as a whole rather than being limited to individual stocks. However, intraday share prices may give up gains or see expanded volatility depending on supply and demand, so the trend should be watched until the close.

[This article is an informational piece based on publicly available market information and data, and does not recommend buying, selling, or holding any specific stock. Stock investments may result in principal loss, and the final investment decision and responsibility rest with the investor. This article was written with AI assistance.]

Wooil Shim
Staff Reporter

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