LG Chem, Foreign Investors Net Buy 173,926 Shares in Last 5 Days... Stock Price 662,000 KRW (+2.64%)

As of 9:30 AM on the 18th, LG Chem is trading at 662,000 KRW, up 2.64% from the previous day. The trading volume is 648,167 shares, which is about 19.39% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On September 17, Yeonju Park, a researcher at Mirae Asset Daewoo, stated, "According to media reports, LG Chem is expected to decide on the physical division of its battery division on the 17th. The battery spin-off is undoubtedly positive for expanding mid- to long-term business competitiveness and recovering valuation. Nevertheless, the stock price adjustment on the previous day is presumed to be due to concerns such as whether the value of the spun-off battery business will be higher than the current value and the possibility of buying battery stocks while selling the parent company’s shares. In conclusion, the battery value is likely to expand further, and the outlook for LG Chem’s stock price is positive." She set LG Chem’s target price at 1,050,000 KRW.

Over the past five days, individual investors have net sold 131,204 shares of LG Chem, while foreigners and institutions have net bought 173,926 shares and net sold 63,216 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.