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LG Electronics, Stock Price +0.59% at This Time... Institutional Investors Net Buy 410,304 Shares in Last 5 Days

As of 9:30 AM on the 7th, LG Electronics is trading at 68,500 KRW, up 0.59% from the previous day. The trading volume is 266,940 shares, which is 18.36% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On July 6, Kwon Seong-ryul, a researcher at DB Financial Investment, stated, "In a challenging market environment, LG Electronics is pressuring competitors and increasing market share in home appliances and TVs while effectively defending profitability. Home appliances have risen to number one globally in sales, operating profit margin, and growth rate, and TV profitability is exceeding expectations. Although MC (Mobile Communication) faces weak smartphone demand and the sales performance of the new Velvet model is not significant, the product evaluation shows a different aspect than before, and losses are minimized compared to the sharp decline in sales volume." He set LG Electronics' target price at 83,000 KRW.

Over the past five days, individual investors have net sold 360,541 shares of LG Electronics, while foreigners and institutions have net sold 87,763 shares and net bought 410,304 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


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