LG Display, Stock Price +0.28% at This Time... 4.875 Million Shares Sold Net by Individuals in Last 5 Days
As of 1:30 PM on the 16th, LG Display is trading at 18,000 KRW, up 0.28% from the previous day. The trading volume is 3,832,358 shares, which is about 31.71% of the previous day's volume. LG Display is known as a global TFT-LCD manufacturing company.
On December 16, Jeong Won-seok, a researcher at Hi Investment & Securities, stated, "Over the past few years, the company has gradually restructured its LCD business, reducing the proportion of LCD TV sales to about 10% of the total. Therefore, the recent sharp rise in LCD TV panel prices may favor Taiwanese and Chinese panel makers who benefit more from operating leverage effects. For the company’s stock price to show a sustained upward trend, it is essential to stimulate consumer demand and rapidly improve profitability through cost reduction by process improvements in the OLED TV segment." He set LG Display’s target price at 22,000 KRW.
Over the past five days, individual investors have net sold 4,875,115 shares of LG Display, while foreigners and institutions have net bought 2,697,580 shares and 2,105,576 shares, respectively.
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※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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