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KRX:000270

25 stories mentioning KRX:000270Updated 14h ago

Every FINWIRES story that references KRX:000270, newest first.

Asia

Hyundai Motor Group, Georgia Institute of Technology Enter Multi-Year Partnership for Hydrogen Mobility Solutions

Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270), entered a multi-year partnership with the Georgia Institute of Technology to jointly develop hydrogen mobility solutions, according to a Thursday release.The agreement is expected to advance hydrogen-powered transportation, boost applied research, and hasten the use of zero-emissions vehicles in Georgia, it said.Under the partnership, Hyundai Motor North America will donate four NEXO fuel cell electric SUVs, and Hyundai Motor Group will donate a hydrogen electrolyzer project, which will be used exclusively on campus, the release said.Shares of Hyundai Motor fell more than 3% in recent trade, while those of Kia fell over 2%.

KRX:000270KRX:005380
Asia

Kia's Net Attributable Income Declines 24% in Q1

Kia (KRX:000270) posted first-quarter net income attributable to shareholders of 1.831 trillion won, down 24% from 2.392 trillion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean automaker's sales rose 5.3% year over year to 29.5 trillion won from 28 trillion won.Shares of Kia fell more than 3% at market close.

KRX:000270
Asia

South Korean Shares End Flat on Friday as Investors Weigh Middle East Tensions

South Korean shares closed flat on Friday as investor sentiment remained muted amid little progress in the U.S.-Iran conflict resolution.President Donald Trump said the US had total control of the Strait of Hormuz and had ordered the U.S. Navy to shoot and kill boats laying mines in the strait, while Iran has also reportedly reactivated its air defense systems.The Korea Composite Stock Price Index or Kospi fell 0.18 points to end at 6,475.63. The Kosdaq increased by 29.53 points, or 2.5%, to close at 1,203.84.Investors particularly purchased shipbuilding stocks such as HD Korea Shipbuilding & Offshore Engineering (KRX:009540) and Samsung Heavy Industries (KRX:010140), which offset the declines by major technology and automotive stocks such as Samsung Electronics (KRX:005930), Hyundai Motor (KRX:005380), and Kia (KRX:000270).In corporate news, Hana Financial Group (KRX:086790) plans to retire about 1.8 million treasury shares, valued at 200 billion won, according to a Friday filing with the Korea Exchange. Shares of the group rose 2% at market close.In other news, GigaVis (KOSDAQ:420770) secured a contract to supply semiconductor substrate inspection and repair equipment to domestic chip substrate manufacturers, according to a Friday filing with the Korean Exchange. Shares of the industrial machinery and electronic parts manufacturer jumped more than 9% at market close.

KOSDAQ:420770KRX:000270KRX:005380KRX:005930KRX:086790
Asia

Kospi Hits All-Time High on Diplomatic Hopes Resurgence

South Korea's primary stock market index Kospi closed at a new high on Tuesday as investors were hopeful about the possibility of a second round of negotiations between the US and Iran to end the conflict in the Middle East.The Korea Composite Stock Price Index or Kospi rose 169.38 points, or 2.7%, to end at 6,388.47. The Kosdaq also increased by 4.18 points, or 0.4%, to close at 1,179.03.The Bank of Korea appointed Hyun Song Shin as its new governor on Tuesday, who took over the top financial role from Rhee Chang-yong, according to a Bank of Korea press release.Hyun will lead the central bank's monetary policy and board over the next four years. He will ​chair his first policy meeting on May 28.In corporate news, SGC Energy (KRX:005090) posted first-quarter net income attributable to shareholders of 4.5 billion won, reversing the attributable net loss of 2.8 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.Sales of the South Korean energy generation company were down 1% year over year to 612 billion won from 618.5 billion won.Shares of SGC Energy rose nearly 4% at market close.In other news, GMB Korea (KRX:013870) signed a contract to supply electric water pumps to Hyundai Motor (KRX:005380) and Kia (KRX:000270), according to a Tuesday filing with the Korea Exchange.The contract, valued at 128.9 billion won, is valid till Dec. 31, 2034.Shares of the motor vehicle parts and accessories company rose 2% at market close, while those of Hyundai Motor added nearly 4% and Kia gained nearly 2%.

^KOSDAQKOSPIKRX:000270KRX:005090KRX:005380KRX:013870
Asia

GMB Korea to Supply Electric Water Pumps to Hyundai Motor, Kia; Shares Rise 4%

GMB Korea (KRX:013870) signed a contract to supply electric water pumps to Hyundai Motor (KRX:005380) and Kia (KRX:000270), according to a Tuesday filing with the Korea Exchange.The contract, valued at 128.9 billion won, is valid till Dec. 31, 2034.Shares of the motor vehicle parts and accessories company rose 4% in recent trade, while those of Hyundai Motor added over 2% and Kia gained more than 1%.

KRX:000270KRX:005380KRX:013870

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