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LGES: Slowing Sales in Europe & A Turning Point in Momentum for Korean Rechargeable Battery Sector?
739 Views28 Jul 2023 00:56
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.
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