South Korea's Hyundai AutoEver rallies on market debut

Hyundai Autoever

28/03/2019 01:19

** Shares of Hyundai AutoEver  307950.KS , an affiliate of
South Korean automaker Hyundai Motor  005380.KS , rally on
market debut
    ** The software developer rises to as high as 92,800 won 
($81.55), nearly double its issue price of 48,000 won
 urn:newsml:reuters.com:*:nS6N1US01G
    ** Hyundai Motor owns 28.48 pct shares in Hyundai AutoEver,
while Euisun Chung, executive vice chairman of Hyundai Motor
Group, owns 19.47 pct of AutoEver shares, according to
regulatory filing
    ** The broader KOSPI market  .KS11  was trading down 0.9 pct
($1 = 1,138.3800 won)


($1 = 1,137.9000 won)

 ((hayoung.choi.thomsonreuters.com@reuters.net))