LG Energy's shares surge, leading battery stocks rally on short-selling ban - News Summed Up

LG Energy's shares surge, leading battery stocks rally on short-selling ban


By Kwanwoo JunLG Energy Solution's (KR:373220) shares rose sharply Monday, leading the rally in battery stocks on a resumed ban on short-selling in South Korea. Other local EV battery stocks, Samsung SDI and SK Innovation, were also last up around 10%. The battery-driven rally Monday led the country's tech-heavy Kosdaq market to surge over 6% and suspend trading briefly in the second-tier market. Write to Kwanwoo Jun at kwanwoo.jun@wsj.comThis content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires11-06-23 0310ETCopyright (c) 2023 Dow Jones & Company, Inc.


Source: Wall Street Journal November 06, 2023 14:20 UTC



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