Lotte Chemical continued its upward trend for the fourth consecutive trading day, surpassing the stock price of 100,000 won.
According to the stock market on the 27th, as of 3:20 PM, Lotte Chemical's stock price is trading at 101,300 won, up 10.83% from the previous day's closing price. The stock showed a steep upward trend from the start of trading and expanded its gains during the session.
Lotte Chemical's stock price began to rebound significantly starting from the 24th. On the 24th, it rose 10.75%, on the 25th by 0.91%, and on the previous day by 3.39%. From the closing price of 79,100 won on the 23rd, it has increased by about 28% over four trading days.
The securities industry expects Lotte Chemical to show a full-scale recovery in performance starting from the fourth quarter. Recent value-up policies such as interim dividends and share buybacks by the company are also analyzed to have acted as driving forces for the stock price rebound.
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