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    A373220   KR7373220003

LG ENERGY SOLUTION, LTD.

(A373220)
  Report
End-of-day quote Korea Stock Exchange  -  2022-12-01
584000.00 KRW   -0.17%
12/02GM, LG joint venture to invest $275 million in Tennessee battery cell plant
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12/01South Korean shares fall ahead of key U.S. jobs data
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11/30South Korean shares track Wall Street higher; weak exports weigh
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S.Korean shares drop to lowest since mid-2020 as recession fears grow

09/26/2022 | 03:18am EST

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KOSPI falls, foreigners net sellers

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Korean won weakens against U.S. dollar

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South Korea benchmark bond yield rises

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For the midday report, please click

SEOUL, Sept 26 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares dropped to the lowest in more than two years on Monday while the won posted its sharpest daily loss since March 2020, as fears of a global recession grew after Britain announced new tax cuts and huge increase in borrowing. ** The Korean won weakened, while the benchmark bond yield rose.

** The benchmark KOSPI was down 69.06 points, or 3.02%, at 2,220.94, as of 0630 GMT, the lowest close since July 27, 2020.

** Among heavyweights, technology giant Samsung Electronics fell 1.10% and peer SK Hynix dropped 1.20%, while battery maker LG Energy Solution slipped 3.04%. ** Britain's new measures to support the economy as well as Italy's election results sparked worries about a further downturn in the global economy, said Park Gwang-nam, an analyst at Mirae Asset Securities. ** Britain's new finance minister, Kwasi Kwarteng, unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, sending the sterling and British government bonds into freefall.

** Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in more than two decades and on fears rising interest rates will tip major economies into recession, cutting demand for oil.

** The trading volume during the session in the KOSPI index was 611.40 million shares. Of the total traded issues of 931, the number of advancing shares was 34.

** Foreigners were net sellers of shares worth 5.9 billion won on the main board.

** The won was quoted at 1,431.3 per dollar on the onshore settlement platform, 1.54% lower than its previous close at 1,409.3.

** The most liquid 3-year Korean treasury bond yield rose by 31.0 basis points to 4.440%, while the benchmark 10-year yield rose by 18.6 basis points to 4.293%. (Reporting by Cynthia Kim; Additional reporting by Youn Ah Moon; Editing by Sherry Jacob-Phillips)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL -1.49% 85.9 Delayed Quote.11.95%
KOSPI COMPOSITE INDEX -1.84% 2434.33 Real-time Quote.-18.22%
LG ENERGY SOLUTION, LTD. -0.17% 584000 End-of-day quote.0.00%
MIRAE ASSET SECURITIES CO. LTD. -3.98% 6510 End-of-day quote.-24.74%
MIRAE CORPORATION 1.48% 13700 End-of-day quote.-2.49%
SAMSUNG ELECTRONICS CO., LTD. -3.51% 60400 End-of-day quote.-22.86%
SK HYNIX INC. -3.31% 81900 End-of-day quote.-37.48%
WTI -1.34% 80.208 Delayed Quote.6.45%
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More news
Analyst Recommendations on LG ENERGY SOLUTION, LTD.
More recommendations
Financials
Sales 2022 25 030 B 19,2 B 19,2 B
Net income 2022 887 B 0,68 B 0,68 B
Net cash 2022 163 B 0,12 B 0,12 B
P/E ratio 2022 152x
Yield 2022 -
Capitalization 136 656 B 105 B 105 B
EV / Sales 2022 5,45x
EV / Sales 2023 4,03x
Nbr of Employees 10 557
Free-Float 14,7%
Chart LG ENERGY SOLUTION, LTD.
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LG Energy Solution, Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends LG ENERGY SOLUTION, LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Last Close Price 584 000,00 KRW
Average target price 618 400,00 KRW
Spread / Average Target 5,89%
EPS Revisions
Managers and Directors
Young-Soo Kwon Chairman & Chief Executive Officer
Sang-Hyeon Lee Managing Director & Head-Finance
Young-Joon Shin Chief Technology Officer
Mi-Nam Shin Independent Director
Mi-Suk Yeo Independent Director
Sector and Competitors