LGES provided a lower sales guidance in 3Q 2023 due to slower sales in Europe. Share prices of the top 12 rechargeable battery names in Korea are down on average 13.9% in the past two trading days.
Boomeranged on Wed, 13 Sep 2023 16:57
The major rechargeable battery related stocks in Korea including LG Energy Solutions, Ecopro, Ecopro BM, and POSCO DX continue to experience share price declines in the past 2-3 weeks. KB STAR Secondary Battery TOP10 Inverse ETF started trading on 12 September. This ETF has already generated nearly 140 billion won in trading value in the past two days.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.