LG Chem, 242,785 Shares Sold Net by Individuals Over Last 5 Days... Stock Price 508,000 KRW (+0.4%)

As of 1:30 PM on the 23rd, LG Chem is trading at 508,000 KRW, up 0.4% from the previous day. The trading volume is 407,963 shares, which is 81.45% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On June 23, Lee Dong-wook, a researcher at Kiwoom Securities, stated, "LG Chem's current market capitalization is $30 billion, surpassing LyondellBasell/Formosa Plastic and increasing to a scale similar to Dow Chemical. With the expected surge in medium- to long-term demand related to electric vehicles, the company's battery division assets and orders have rapidly increased, expanding leverage related to batteries and strengthening the correlation of stock price and valuation with Tesla, Samsung SDI, and CATL. ABS/PC+ABS Alloy is used for mid- to low-priced helmet shells." He set LG Chem's target price at 620,000 KRW.

Over the past five days, individual investors have net sold 242,785 shares of LG Chem, while foreigners and institutions have net bought 106,518 shares and 146,065 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

This content was produced with the assistance of AI translation services.