Hyundai Motor shares rose more than 7% during trading on May 8.
According to the Korea Exchange, as of 3:14 PM, Hyundai Motor's stock was trading at 613,000 won, up 41,000 won (7.17%) from the previous trading day. At one point, the stock surged by 13.11% to reach 647,000 won.
At the same time, Hyundai Glovis saw an increase of 21,500 won (9.33%), trading at 252,000 won, while Hyundai Mobis rose by 68,500 won (15.52%) to 520,000 won.
Kia's shares also experienced a boost, rising by 6,500 won (4.12%) to 164,100 won.
The surge in Hyundai Motor's stock is attributed to the recent release of a video showcasing the operation of the humanoid robot Atlas by its robotics subsidiary, Boston Dynamics.
Additionally, analysts suggest that the influx of investment may be a result of a rotation in the market, as semiconductor stocks, which had been driving the market's rise, showed signs of stabilizing on this day.
* This article has been translated by AI.
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