LG Chem, Stock Price Down 2.38% at This Time... 677,816 Shares Net Bought by Individuals in Last 5 Days

As of 12:30 PM on the 11th, LG Chem is trading at 696,000 KRW, down 2.38% from the previous day. The trading volume is 254,521 shares, which is 47.49% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On September 10th, researchers Kang Dong-jin and Jo Jun-woo from Hyundai Motor Securities stated, "Batteries are the main players in the energy transition. The secondary battery business is expected to become a key player in the energy industry. In the future, using V2G technology, a home power generation platform linked with PV + ESS + EV is expected to spread. Although there are concerns related to Tesla Battery Day, the technology is sufficient to cover them, and LFP can also be addressed with cylindrical cells. Recently, GM invested in Nikola, and the GM-LG Chem JV is selling NCMA batteries to Nikola. The chemical business is positively affected by strong ABS demand and PVC strength due to low oil prices and increased home appliance demand caused by COVID-19." They set LG Chem's target price at 1,030,000 KRW.

Over the past five days, individual investors have net purchased 677,816 shares of LG Chem, while foreigners and institutions have net sold 353,954 shares and 324,902 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ 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.

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