LG Chem, 154,833 Shares Sold Net by Foreigners in Last 5 Days... Stock Price 813,000 KRW (+0.99%)

As of 9:30 AM on the 1st, LG Chem is trading at 813,000 KRW, up 0.99% from the previous day. The trading volume is 92,711 shares, which is about 28.7% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On March 31, Kim Hyuntae, a researcher at BNK Investment & Securities, stated, "The large-scale recall costs may put pressure on increasing the provision ratio in the future, but since the costs were preemptively accounted for without a clear cause of the fire being identified, it is not expected to burden financial ratios immediately. The in-house production of batteries by automakers is also a mid- to long-term plan spanning over 10 years, and there are many hurdles to overcome before commercial production, so it is expected to be a short-term burden sentiment-wise. The conclusion of the lawsuit with competitors in the U.S. is also expected to positively affect the stock price through settlement inflows and uncertainty resolution." He set LG Chem's target price at 1,500,000 KRW.

Over the past five days, individual investors have net purchased 104,117 shares of LG Chem, while foreigners and institutions have net sold 154,833 shares and net purchased 45,394 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.