LG Chem, Net Foreign Purchase of 408,442 Shares Over Last 5 Days... Stock Price at 1,036,000 KRW (+3.7%)

As of 9:30 AM on the 11th, LG Chem is trading at 1,036,000 KRW, up 3.7% from the previous day. The trading volume is 196,703 shares, which is 22.45% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On January 7th, Hyun-ryeol Cho, a researcher at Samsung Securities, stated, "Two major changes are expected in the company's 2021 performance. The first is that the battery business will become the largest source of revenue. The second is the reversal in profit scale between EV batteries and small batteries. Since the company's founding, profit contributions within the battery division have been predominantly from small batteries, but due to the sharp profitability improvement of EV batteries, the largest profit source is also expected to change. In conclusion, this suggests that the core business will clearly shift from chemicals to EV batteries." He set LG Chem's target price at 1,250,000 KRW.

Over the past five days, individual investors have net sold 394,971 shares of LG Chem, while foreigners and institutions have net bought 408,442 shares and net sold 4,878 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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