ConsumerDaily Briefs

Daily Brief Consumer: LG Energy Solution, Rakuten Group and more

In today’s briefing:

  • LG Energy Solution (373220 KS) – Potential Float Increase Coming Up
  • Weekly Deals Digest (23 Jul) – Rakuten Securities, Tryt, EbixCash, Lalatech, 111, Newcrest, Origin


LG Energy Solution (373220 KS) – Potential Float Increase Coming Up

By Brian Freitas

  • Selling from the ESOP program in the first quarter could result in an increase in LG Energy Solution (373220 KS)‘s float in local and global indices.
  • The largest buying from passive trackers could take place next month with over 3% of the real float needing to be bought.
  • Short interest has increased in the last month and short covering could take the stock higher ahead of the passive buying.

Weekly Deals Digest (23 Jul) – Rakuten Securities, Tryt, EbixCash, Lalatech, 111, Newcrest, Origin

By Arun George


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