LG Electronics, 711,387 Shares Sold Net by Individuals Over Last 5 Days... Stock Price at 77,500 KRW (-1.02%)

As of 2:30 PM on the 6th, LG Electronics is trading at 77,500 KRW, down 1.02% from the previous day. The trading volume is 771,204 shares, which is 64.65% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On August 3rd, KB Securities researcher Kim Dong-won stated, "The non-face-to-face environment caused by the spread of staying at home due to COVID-19 has stimulated online purchases of home appliances and TVs, and the increased demand for hygiene appliances for virus prevention directly leads to improved profit margins in the second half due to reduced promotional expenses and improved product mix... LG Electronics' online sales ratio is expected to increase fourfold from 7% in 2019 to 30% in the second half of 2020." He set LG Electronics' target price at 90,000 KRW.

Over the past five days, individual investors have net sold 711,387 shares of LG Electronics, while foreigners and institutions have net bought 664,282 shares and 50,416 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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