[Feature stock] Expectation of US tariff easing?... Hyundai Motors and Kia, up 4-5% in early trading

Hyundai Motor [005380] and Kia [000270] stock prices are soaring 4-5% in the early trading on the 5th.

As of 9:25 a.m. on this day, Hyundai Motors' stock price in the stock market is trading at 298,500 won, up 5.29% from the previous day.

The stock price rose 8.64% immediately after opening to 308,000 won.

At the same time, Kia is recording 99,800 won, a 4.18% increase from the previous price.

With the Democratic Party winning a landslide victory in the U.S. midterm elections, there appears to be some expectation that the policy influence of U.S. President Donald Trump, who has implemented a hard-line tariff policy, will weaken.

However, concerns about worsening profitability have recently been raised for Hyundai Motor Company and Kia Motors due to the falling won/dollar exchange rate and intensifying competition within the industry.

Based on the closing price of the previous day, Hyundai Motors fell 62% and Kia Motors fell 54% compared to the previous day.