LG Chem, Stock Price +1.94% at This Time... 1,160,293 Shares Sold Net by Individuals in Last 5 Days

As of 1:31 PM on the 9th, LG Chem is trading at 734,000 KRW, up 1.94% from the previous day. The trading volume is 477,211 shares, which is about 37.74% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On November 9th, Lee Dong-wook, a researcher at Kiwoom Securities, stated, "Operating profit in the battery division for Q4 this year is expected to be 274.7 billion KRW, a 62.7% increase compared to the previous quarter. This is due to the increase in electric vehicle sales by major customers in Europe and the US, as well as the start of exports of Tesla from China to Europe. Meanwhile, the company plans to expand its production capacity of high-margin cylindrical batteries to more than three times in the future, as demand for cylindrical batteries from Tesla and others is surging." He set LG Chem's target price at 1,000,000 KRW.

Over the past five days, individual investors have net sold 1,160,293 shares of LG Chem, while foreigners and institutions have net bought 1,051,768 shares and 133,938 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.