LG Chem, 601,209 Shares Net Bought by Foreigners in Last 5 Days... Stock Price at 679,000 KRW (-1.88%)

As of 1:30 PM on the 12th, LG Chem is trading at 679,000 KRW, down 1.88% from the previous day. The trading volume is 385,986 shares, which is 71.49% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On October 7th, Hansangwon, a researcher at Daishin Securities, stated, "We believe there is a high possibility of realizing the aggressive expansion plan currently underway through collaboration with client companies/material suppliers 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 a concrete IPO plan is announced, 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 559,274 shares of LG Chem, while foreigners and institutions have net bought 601,209 shares and net sold 10,836 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.