LG Chem, Foreign Investors Net Buy 787,135 Shares in Last 5 Days... Stock Price 810,000 Won (+1.38%)

As of 9:30 AM on the 25th, LG Chem is trading at 810,000 KRW, up 1.38% from the previous day. The trading volume is 302,719 shares, which is about 35.51% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On November 24, Kang Dong-jin, a researcher at Hyundai Motor Securities, stated, "All major chemical products of the company, including ABS, PVC, PE, SAP, and synthetic rubber, are showing a strong bullish trend. The company's main downstream products, ABS and PVC, are expected to continue their favorable trend due to limited capacity expansion and strong demand. Synthetic rubber is also expected to perform well due to strong demand. With the Biden administration, policies favorable to EVs are anticipated. Among the company's major partners in the U.S. are Tesla and GM. The chemical business fundamentals are at the highest level, and battery growth is expected to continue. We maintain our top pick rating for the refining/chemical sector," setting LG Chem's target price at 1,030,000 KRW.

Over the past five days, individual investors have net sold 783,860 shares of LG Chem, while foreign investors and institutions have net bought 787,135 shares and 25,723 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.