LG Chem, 477,008 Shares Sold Net by Individuals Over Last 5 Days... Stock Price at 697,000 Won (+2.5%)

As of 2:30 PM on the 8th, LG Chem is trading at 697,000 KRW, up 2.5% from the previous day. The trading volume is 366,220 shares, which is 128.19% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On October 7, Hansangwon, a researcher at Daishin Securities, stated, "We believe there is a high possibility of realizing the currently planned aggressive expansion through collaboration with clients/material companies and the application of new materials (NCMA cathode materials, silicon anode materials, etc.) to improve battery performance. Although the stock price has shown a correction trend since the announcement of the battery business spin-off, it is necessary to reflect the value of the stake (100%) at least until the announcement of a concrete IPO plan, so buying response is valid." He set LG Chem's target price at 980,000 KRW.

Over the past five days, individual investors have net sold 477,008 shares of LG Chem, while foreigners and institutions have net bought 446,056 shares and 54,336 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 the financial AI specialist company Thinkpool.

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