LG Chem, Stock Price Down 1.47% at This Hour... Foreigners Net Buy 743,855 Shares in Last 5 Days

As of 12:30 PM on the 27th, LG Chem is trading at 804,000 KRW, down 1.47% from the previous day. The trading volume is 277,559 shares, which is about 50.3% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On November 24, Kang Dong-jin, a researcher at Hyundai Motor Securities, stated, "All of the company's main chemical products such as ABS, PVC, PE, SAP, and synthetic rubber are showing a strong rally. The company's key 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 strengthen due to robust demand. With the Biden administration, policies favorable to EVs are anticipated. Among the company's major partners, the U.S. companies are Tesla and GM. The chemical business fundamentals are at the highest level, and battery growth will continue. We maintain our top pick in the refining/chemical sector." He set LG Chem's target price at 1,030,000 KRW.

Over the past five days, individual investors have net sold 638,879 shares of LG Chem, while foreigners and institutions have net bought 743,855 shares and net sold 88,341 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.