SEOUL: Shares in Kia Motors extended losses to their lowest intraday level in more than four years on Monday after the South Korean automaker reported disappointing fourth-quarter profit on Friday, prompting brokerages to downgrade target share prices.

Kia Motors' shares ended down 5.7 percent at 46,550 won ($43) each, after earlier touching their lowest level intraday since November 2010. The wider market ended almost flat on Monday.

Copyright Reuters, 2015