LG Chem, Stock Price Down 1.01% at This Hour... Foreigners Net Buy 453,208 Shares in Last 5 Days

As of 10:32 AM on the 5th, LG Chem is trading at 880,000 KRW, down 1.01% from the previous day. The trading volume is 134,480 shares, which is about 15.93% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On January 5th, Hansem Park, a researcher at SK Securities, stated, "Despite setbacks at the Yeosu plant, the overall outlook remains positive. Although the profit contribution from the battery division was limited even during its expansion in the past, it is expected to increase rapidly starting from 2021. The chemical division is also expected to see quantitative growth through the expansion of the Yeosu cracker and securing PO production capacity. However, greater growth is anticipated due to the rapid profit improvement in the battery division and strong sales from major suppliers. In 2021, the battery division's profit contribution is expected to exceed 28%, leading to a hybrid improvement in the company's profit structure." He set LG Chem's target price at 1,100,000 KRW.

Over the past five days, individual investors have net sold 405,664 shares of LG Chem, while foreigners and institutions have net bought 453,208 shares and net sold 51,096 shares, respectively.

※ 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.

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