LG Chem, Foreign Investors Net Buy 231,649 Shares in Last 5 Days... Stock Price 609,000 KRW (-0.33%)

As of 12:30 PM on the 2nd, LG Chem is trading at 609,000 KRW, down 0.33% from the previous day. The trading volume is 330,431 shares, which is 43.17% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On October 28, Hwang Seong-hyun, a researcher at Eugene Investment & Securities, stated, "The Q4 performance is expected to maintain previous forecast levels with sales of 8.3 trillion KRW (+10.7% qoq, +11.1% yoy) and operating profit of 943.1 billion KRW (+4.5% qoq, turning positive yoy). Although there are market doubts about maintaining the market conditions, the operation status of major petrochemical product expansions in Asia is only about half of the previous level, and if COVID persists, demand and market conditions at the current level are expected to continue. As of the end of October, the company's petrochemical profitability indicators have improved compared to Q3. The scale and timing of one-time costs related to KONA EV fire are expected to be important," and set LG Chem's target price at 970,000 KRW.

Over the past five days, individual investors have net sold 17,306 shares of LG Chem, while foreigners and institutions have net bought 231,649 shares and net sold 196,839 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 financial AI specialist Thinkpool.

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