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Kia’s shares fell shortly after the market open.
Hyundai Motor and affiliate Kia on Tuesday said they will book a combined 2.9 trillion won ($2 billion) provision in their third-quarter results.
Shares of Hyundai Motor were trading up 0.9%, versus benchmark KOSPI‘s 0.2% rise as of 0025 GMT.
($1 = 1,424.6400 won)