LG Chem, Stock Price +3.1% at This Hour... Foreigners Net Buy 279,101 Shares in Last 5 Days

As of 12:30 PM on the 14th, LG Chem is trading at 1,031,000 KRW, up 3.1% from the previous day. The trading volume is 369,816 shares, which is about 69.25% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On January 11, analyst Ianna Lee from Ebest Investment & Securities stated, "The petrochemical sector, centered on ABS and PVC, is showing favorable market conditions, and growth in both revenue and profits is expected in the battery sector. In particular, for ABS in the petrochemical sector, demand is increasing mainly from home appliances and electronic products, and tight supply continues due to expansion restrictions, so strong performance is expected in 2021 following 2020. In the battery sector, with the continued increase in global EV demand, a 15GWh capacity expansion of cylindrical batteries and increased shipments of medium and large batteries are expected to result in more than 45% revenue growth compared to 2020." The target price for LG Chem was set at 1,310,000 KRW.

Over the past five days, individual investors have net sold 153,944 shares of LG Chem, while foreign investors and institutions have net bought 279,101 shares and net sold 122,751 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.