LS, Samsung SDI and LG Electronics lead top investors’ buys on July 1

  • Top-return Mirae Asset clients bought LS, Samsung SDI and LG Electronics most heavily.
  • LS Cable & System’s first-half order backlog reached a record 7.8336 trillion won.
  • SK hynix led net selling, followed by Samsung Electro-Mechanics and Alteogen.

LS, Samsung SDI and LG Electronics were the three most heavily purchased stocks through 11 a.m. on July 1 by Mirae Asset Securities clients ranked in the top 1% for investment returns over the past month. LS shares fell more than 2% into the low 300,000-won range, about half their late-May peak of 604,000 won, but attracted buyers on record subsidiary orders and expectations that rising electricity demand from artificial intelligence infrastructure will benefit its power-equipment and cable businesses. LS Cable & System reported a first-half order backlog of 7.8336 trillion won, while LS ELECTRIC and LS Cable & System together account for 71% of LS’s corporate value, according to securities analysts. Samsung SDI ranked second after gaining roughly 60% over the past month, supported by its planned sale of 5% of its Samsung Display stake and expectations for a wholly owned North American energy-storage battery operation. LG Electronics ranked third amid Morgan Stanley’s view that the company could benefit from growth in AI Home, robotics, commercial HVAC and data-center cooling. Samsung Electronics later entered the net-buying list on expectations that its HBM4 competitiveness is recovering. SK hynix was the most heavily sold stock despite extending its rally, while Samsung Electro-Mechanics and Alteogen also ranked among the leading net sells.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.