LG Chem, 286,372 Shares Net Bought by Individuals Over Last 5 Days... Stock Price at 495,000 KRW (+1.12%)

As of 12:30 PM on the 30th, LG Chem is trading at 495,000 KRW, up 1.12% from the previous day. The trading volume is 299,788 shares, which is 66.59% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On June 30, Jeong Yongjin, a researcher at Shinhan Financial Investment, stated, "1) Sales of eco-friendly vehicles in Europe are rapidly recovering, from 32,000 units (-16%) in April to 47,000 units (+23%) in May. This will lead to yield improvements at the Poland plant. 2) With the completion of cylindrical battery expansion and rapid ramp-up, the profitability of small batteries will also improve. Despite improvements in petrochemical spreads, the outlook for the second half remains conservative. The growth potential of the battery division has very high visibility in the second half, as major clients' large-scale projects are queued every quarter." He set LG Chem's target price at 587,000 KRW.

Over the past five days, individual investors have net purchased 286,372 shares of LG Chem, while foreigners and institutions have net sold 51,300 shares and 219,387 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ 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.

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