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LG Electronics Stock Stands Out on Black Friday as Robot Value Chain Is Repriced

Published: · Source: mk.co.kr

LG Electronics Stock Stands Out on Black Friday as Robot Value Chain Is Repriced
TL;DR: As the market fell on a so-called Black Friday after touching the 8,000 mark, LG Electronics and other LG Group shares rose on robot value chain repricing despite foreign selling and rate fears.

On a selloff day described as Black Friday, the market slipped after touching the 8,000 level, while semiconductor stocks that had risen sharply in the short term underwent a steep correction. Foreign investors sold a net 5 trillion won, deepening the decline, and concerns over a sharp rise in global interest rates also weighed on sentiment. In contrast, LG Electronics and other LG Group shares gained in a weak market as expectations grew for a revaluation of the robot value chain. LG Electronics’ share price drew particular attention for its rise over the past week. Amid broad market pressure, robot-related repricing became a differentiating factor for LG Group stocks. Source: mk.co.kr

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