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LG Electronics, Stock Price Down 0.94% at This Hour... Foreigners Net Buy 134,054 Shares in Last 5 Days

As of 12:31 PM on the 2nd, LG Electronics is trading at 157,500 KRW, down 0.94% from the previous day. The trading volume is 1,314,122 shares, which is about 37.21% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.


On March 30, Go Eui-Young, a researcher at Hi Investment & Securities, stated, "Although the year-on-year momentum of the global M2 has recently slowed, causing market multiples to fluctuate, the business indicators related to LG Electronics remain strong. In particular, U.S. home appliance shipment data is at its highest level in 20 years. Despite vaccine distribution mainly in developed countries, external activities are still restricted, leading to strong consumption of durable goods. The HE (Home Entertainment) segment is seeing continued expansion in premium TV demand, and with the focus on OLED TV sales, it appears relatively free from the impact of rising LCD panel prices." He set LG Electronics' target price at 230,000 KRW.


Over the past five days, individual investors have net sold 53,603 shares of LG Electronics, while foreign investors and institutions have net bought 134,054 shares and net sold 96,053 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 financial AI specialist Thinkpool.


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