LG Chem, 99,651 Shares Net Bought by Individuals Over Last 5 Days... Stock Price at 505,000 KRW (+1.81%)

As of 2:30 PM on the 3rd, LG Chem is trading at 505,000 KRW, up 1.81% from the previous day. The trading volume is 357,890 shares, which is 112.6% 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 quickly recovered 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 of the year remains conservative. The growth potential of the battery division is very visible in the second half because major clients’ large-scale projects are waiting each quarter." He set LG Chem’s target price at 587,000 KRW.

Over the past five days, individual investors have net purchased 99,651 shares of LG Chem, while foreigners and institutions have net sold 83,684 shares and 19,720 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.