LG Chem, Stock Price -1.0% at This Time... 215,551 Shares Net Bought by Individuals in Last 5 Days

As of 10:31 AM on the 26th, LG Chem is trading at 494,000 KRW, down 1.0% from the previous day. The trading volume is 171,819 shares, which is about 31.67% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On June 23, Jeon Woo-je, a researcher at Heungkuk Securities, stated, "EV batteries: 1) After COVID-19, governments worldwide are investing mainly in renewable energy under 'Recovery' policies. Europe is expanding subsidies, and China plans to partially extend subsidies, which were scheduled to end at the end of 2020, until 2022. Normalization is expected to accelerate after 2021. 2) The yield issues at LG Chem's Poland plant are estimated to have recovered quickly from the second quarter, contrary to market concerns. 3) Sales to Tesla in China have sharply increased since March. Petrochemicals: currently the best in petrochemicals." He set LG Chem's target price at 620,000 KRW.

Over the past five days, individual investors have net purchased 215,551 shares of LG Chem, while foreigners and institutions have net sold 147,108 shares and 48,171 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.