LG Chem, Foreign Investors Net Buy 341,821 Shares in Last 5 Days... Stock Price 984,000 KRW (-2.57%)

As of 12:30 PM on the 15th, LG Chem is trading at 984,000 KRW, down 2.57% from the previous day. The trading volume is 291,306 shares, which is about 44.8% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On January 15, Kang Dong-jin, a researcher at Hyundai Motor Securities, stated, "Tesla EV market share expansion is expected to continue for the time being. The company is expected to increase its market share within Tesla. Attention is drawn to the value of the advanced materials division after the spin-off. Production is expected to increase with the expansion of cathode material capacity and challenges in CNT materials. Faster-than-expected EV growth is anticipated due to active regulations by various governments and intensified competition among platform companies focusing on autonomous driving. It is a time that requires proactive response. Aggressive investment is expected through fundraising via IPO. The joint venture with GM was completed faster than originally planned. Further expansion is also possible. Benefits are expected with the recovery of the U.S. market." He set LG Chem's target price at 1,400,000 KRW.

Over the past five days, individual investors have net sold 64,702 shares of LG Chem, while foreigners and institutions have net bought 341,821 shares and net sold 274,513 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic 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.