The stock price of LG Electronics (066570) hit the daily limit on the first trading day of June.

As of 9:10 a.m. on the 1st, LG Electronics reached the daily limit, trading at 380,500 won, up 29.86% from the previous day. Having previously closed at the daily limit during the market session on May 29, the stock is demonstrating a powerful upward trend by surging consecutively at the end and beginning of the month. The market is paying close attention to how LG Electronics will close today's session and what trend it will sustain throughout this month.

At the same time, the KOSPI also showed overall strength, surpassing the 8,600 mark intraday to set a new all-time high. Amid this momentum, fueled by LG Electronics hitting the daily limit, affiliate stocks of the LG Group, including LG CNS, LG Innotek, and LG, are also surging in tandem, heating up the stock market.

[This article is not intended as investment advice. All investments are made at the individual's own discretion, and the final responsibility lies with the investor.]