LG Chem, Stock Price +3.18% at This Time... Foreigners Net Buy 296,466 Shares in Last 5 Days

As of 1:30 PM on the 23rd, LG Chem is trading at 747,000 KRW, up 3.18% from the previous day. The trading volume is 343,384 shares, which is 123.29% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On November 23, Won Min-seok, a researcher at Hi Investment & Securities, stated, "The sharp rise in the new order index is presumed to be due to increased durable goods consumption following stimulus measures, and the lowered inventory due to increased consumption likely further stimulated the improvement in business conditions. Considering that stimulus measures will continue in various countries in 2021, a robust business environment is expected to continue in chemical materials including ABS. Although the stock price was adjusted recently due to EV battery fire incidents, it is expected to show a favorable stock price trend based on improved earnings." He set the target price for LG Chem at 950,000 KRW.

Over the past five days, individual investors have net sold 139,215 shares of LG Chem, while foreigners and institutions have net bought 296,466 shares and net sold 144,777 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.