LG Chem, Stock Price -0.63% at This Time... Institutional Investors Sold Net 434,463 Shares in the Last 5 Days

As of 1:30 PM on the 16th, LG Chem is trading at 633,000 KRW, down 0.63% from the previous day. The trading volume is 211,902 shares, which is about 40.48% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On October 13, NH Investment & Securities researcher Hwang Yusik estimated, "Operating profit for Q4 is expected to be 811.2 billion KRW (year-on-year turning positive, -10.1% quarter-on-quarter). Demand for petrochemical products such as ABS remains solid, maintaining high spreads. However, due to seasonal factors causing a decrease in demand at the end of the year, petrochemical operating profit is expected to decline slightly. Palmhanong and life sciences are also expected to see a decrease in Q4 operating profit due to seasonal effects. In the battery sector, operating performance is estimated to increase slightly due to increased shipments of batteries for ESS and EVs." He set LG Chem's target price at 850,000 KRW.

Over the past five days, individual investors have net bought 108,756 shares of LG Chem, while foreigners and institutions have net bought 318,791 shares and net sold 434,463 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.