LG Household shares hit record high

Published : Jul 7, 2016 - 17:31 Updated : Jul 8, 2016 - 09:30

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[THE INVESTOR] LG Household and Health Care shares closed at a record high of 1.181 million won (US$ 1,023) on July 7.

With this rise, up 2.2 percent from the previous day, LG Household shares rose for the ninth consecutive trading day.

The latest increase pushed up the company’s market capitalization to over 18.44 trillion won, placing it in 10th place on the benchmark KOSPI.

The rise is thought to be fueled by LG Household’s stable base in China and steady performance.

By Choi He-suk (cheesuk@heraldcorp.com)