LG Chem, Stock Price Down 2.59% at This Time... 'Rapid Earnings Recovery Pace'
As of 10:31 AM on the 12th, LG Chem is trading at 451,000 KRW, down 2.59% from the previous day. The trading volume is 467,775 shares, which is about 37.63% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.
On June 9, NH Investment & Securities researcher Hwang Yusik stated, "Demand in the petrochemical sector is better than expected, and the cost reduction effect is significant, leading to a rapid improvement in quarterly operating profit. With the expansion of eco-friendly policies worldwide, electric vehicle growth is expected to accelerate, increasing interest in the EV secondary battery business." He set LG Chem's target price at 550,000 KRW.
Over the past five days, individual investors have net sold 399,274 shares of LG Chem, while foreigners and institutions have net bought 220,158 shares and 160,691 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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