LG Chem, Stock Price Down 2.81% at This Hour... 387,745 Shares Sold Net by Institutions in Last 5 Days

As of 12:31 PM on the 19th, LG Chem is trading at 622,000 KRW, down 2.81% from the previous day. The trading volume is 315,260 shares, which is 102.25% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On October 15, analyst Hwang Seong-hyun of Eugene Investment & Securities stated, "On 10/14, the company announced through an electronic disclosure the background and vision of the physical division of the battery business unit, as well as a dividend policy to enhance shareholder value. The dividend payout ratio aims to be over 30% based on net income, and plans to pursue a minimum cash dividend of 10,000 KRW per share over the next three years (2020?2022), exceeding 6,000 KRW in 2018 (expected dividend per share 10,000 KRW for 2020?2022). By utilizing an independent corporation, the company reconfirmed its strategy to issue large-scale Green bonds, expand facility investments, maintain a super-gap with competitors, and sustain its global No. 1 position." He set LG Chem's target price at 970,000 KRW.

Over the past five days, individual investors have net purchased 170,392 shares of LG Chem, while foreigners and institutions have net purchased 207,692 shares and net sold 387,745 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an article automatic 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.