Robotics Stocks Jump as Foreign Buying Lifts LG Electronics and Rainbow Robo

This month, robotics was the sector that drew the strongest foreign fund inflows in the Korean stock market. Robot-related names appeared near the top of foreign net-buying rankings, with buying concentrated in LG Electronics and Rainbow Robo. As a result, shares of those companies have risen more than 30% so far this month. As investors watch where market attention may move after semiconductors, robotics has emerged as a sector with clearly concentrated foreign demand. The reported facts are limited to this month’s foreign buying trend and share-price gains. Source: mk.co.kr