The stock price of LIG Nex1 is on the rise. Expectations that export-driven sales growth will continue appear to be influencing the stock price.

[Featured Stock] LIG Nex1 Hits 52-Week High on Continued Export-Driven Growth Outlook View original image

At 9:55 a.m. on the 16th, LIG Nex1 was trading at 238,000 won, up 1.93% from the previous day. During the session, it rose to 245,000 won, marking a 52-week high.


Choi Kwang-sik, a researcher at Daol Investment & Securities, stated, "Sales growth driven by exports due to deliveries of the Cheongung-2 to the United Arab Emirates (UAE) and Saudi Arabia is expected to continue until 2028," adding, "If the second contract, which is twice the size of the Saudi Cheongung-2, is finalized, sales growth will continue until the mid-2030s."



Researcher Choi also added, "Even if profit-taking occurs due to expectations of orders, subsequent contracts will be confirmed, and performance and appropriate stock price growth factors based on their scale will remain."


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

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