LG Chem, Stock Price Down 2.91% at This Time... Foreigners Net Sell 143,525 Shares in Last 5 Days

As of 12:31 PM on the 25th, LG Chem is trading at 501,000 KRW, down 2.91% from the previous day. The trading volume is 317,000 shares, which is about 80.32% 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 has seen a rapid increase in assets and orders, expanding leverage related to batteries. This has strengthened the correlation between its stock price/valuation and those of Tesla, Samsung SDI, and CATL. ABS/PC+ABS alloys are 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 purchased 59,224 shares of LG Chem, while foreign investors and institutions have net sold 143,525 shares and net purchased 99,041 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.