LG Electronics stock +4.99% at this hour... 803,864 shares net sold by individuals in the last 5 days

As of 2:30 PM on the 10th, LG Electronics is trading at 94,700 KRW, up 4.99% from the previous day. The trading volume is 2,349,360 shares, which is 66.39% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On September 9, Dongwon Kim, a researcher at KB Securities, stated, "Despite it being the off-season in the third quarter, LG Electronics is expected to achieve record-high operating profits, leading to an earnings surprise. The significant improvement in performance during the off-season is attributed to the untact (contactless) environment caused by COVID-19, which has created a new trend of online purchases for home appliances and TVs (online sales ratio: 10% in 2019 → 30% in the second half of 2020), driving margin improvements. GM is a strategic customer for LG Electronics' automotive components, with the automotive business expected to turn profitable in Q2 next year." He set LG Electronics' target price at 110,000 KRW.

Over the past five days, individual investors have net sold 803,864 shares of LG Electronics, while foreigners and institutions have net bought 596,057 shares and 231,778 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.