Shares of Hyundai Motor Co gained 4.6 percent after a unit of U.S. activist hedge fund Elliott Management said the company needed to do more to improve governance, while welcoming the auto maker`s decision to streamline its structure.
Hyundai Mobis, Hyundai`s parts making affiliate, had jumped more than 5 percent as of 0014 GMT, versus the wider market`s <.ks11> 0.1 percent fall.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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