[Asia Economy Reporter Lee Gwan-joo] The Korea Exchange announced on the 1st that LG Chem will be designated as an investment caution stock for one day on the 2nd, citing a sharp rise in its stock price amid concentrated buying transactions in a small number of accounts.
LG Chem's stock price fluctuation rate over the past three trading days was 16.03%, and the involvement rate of the top 10 buying accounts over the past three trading days, including the day in question, was 46.94%. It is reported that the account with the highest involvement consists of foreign investors.
The Korea Exchange designates stocks that require investment caution, such as those whose stock prices have surged over a certain period, as market alert stocks. 'Investment caution' is the lowest first-level warning.
Meanwhile, LG Chem closed at 695,000 won, up 11.02% on the day.
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