LG Electronics, Stock Price -0.23% at This Hour... 1,275,588 Shares Net Sold by Individuals in the Last 5 Days
As of 10:30 AM on the 14th, LG Electronics is trading at 86,800 KRW, down 0.23% from the previous day. The trading volume is 535,132 shares, which is about 27.6% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On August 11, Dongwon Kim, a researcher at KB Securities, stated, "In the second half of this year, LG Electronics is expected to show a different performance pattern due to ① a surge in demand for hygiene appliances caused by COVID-19 and ② an increase in the proportion of online sales, leading to a definite improvement in profit margins. Additionally, increased awareness of virus prevention is expected to drive demand centered on hygiene appliances, improving the performance of the Home Appliance & Air Solution (H&A) division. Therefore, operating profit in the second half (1.2 trillion KRW) is expected to exceed the average of the past four years (2016?2019) (711.6 billion KRW) by +71.3%." He set LG Electronics' target price at 100,000 KRW.
Over the past five days, individual investors have net sold 1,275,588 shares of LG Electronics, while foreigners and institutions have net bought 675,718 shares and 593,772 shares, respectively.

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