Hyundai Movex plunged over 4% amid massive net selling by foreign investors. Meanwhile, institutional and retail investors actively engaged in 'buying the dip,' providing downside support for the stock.

As of 1:06 p.m. on the 16th, Hyundai Movex was trading at 36,350 won, down 1,600 won (4.22%) from the previous trading day. During the session, the price dropped to as low as 35,850 won, but the cumulative trading volume surpassed 2.62 million shares.

By investor type, foreigners net sold 328,975 shares, weighing on the stock price, while program trading also recorded net selling of 243,680 shares. In contrast, retail investors (236,399 shares) and institutions (94,480 shares) engaged in net buying, absorbing the foreign sell-off.

The previous day's trading flow was similar. Foreigners net sold 328,424 shares, while retail investors and institutions net purchased 363,002 shares and 698,096 shares, respectively, maintaining a buying edge. Recently, Hyundai Movex's trading flow has been characterized by institutions and retail investors absorbing foreign profit-taking volume following the stock's rise.

The market interprets this as a natural correction phase triggered by short-term profit-taking. However, the continued buying by institutions is evaluated as a positive signal from a supply-demand perspective.

Hyundai Movex operates a logistics automation and smart logistics systems business, and is expected to benefit from growing demand for logistics center automation and the expansion of the smart factory market. Investors are paying close attention to how future changes in foreign supply-demand and new order announcements will impact the stock's direction.

[※ This article was written with the assistance of an artificial intelligence (AI) analysis tool, and the final content was provided after an editorial process. The content included in this article is for informational purposes only and does not constitute a recommendation to buy or sell any specific stock or financial product. Investment decisions and the resulting responsibilities rest entirely with the investor. Actual results may vary depending on market conditions.]