LG Electronics closed lower, pressured by profit-taking selling despite Hana Securities' positive second-quarter earnings forecast.

As of the morning of the 3rd, LG Electronics was trading at 186,700 won, down 5,600 won (2.91%) from the previous trading day. Despite the securities industry's strong earnings forecast, profit-taking movements expanded primarily around some large-cap stocks, preventing the share price from rising.

■ Hana Securities Forecasts Q2 Operating Profit of 1.2489 Trillion Won

In its report, Hana Securities projected LG Electronics' second-quarter standalone revenue to reach 18.0577 trillion won, up 6.6% year-over-year. Operating profit was expected to surge 100% year-over-year to 1.2489 trillion won, significantly exceeding the market consensus, with an operating margin of 7%.

The securities industry analyzed that robust performance in the Home Appliances & Air Solution (H&A), Business-to-Business (B2B), and Heating, Ventilation, Air Conditioning (HVAC) businesses will drive profitability improvement. Cost stabilization and the expansion of premium product sales were also cited as positive factors.

■ Focus on Second-Half Variables

In the market, whether upcoming earnings announcements will confirm the securities industry's forecasts is the first key point to watch. Along with this, the recovery of home appliance demand in the second half, the expansion of the B2B business, and artificial intelligence (AI)-related business strategies are cited as key variables that will determine the stock's direction.

In the domestic stock market on this day, sector differentiation was prominent, and profit-taking selling emerged in some large-cap stocks, including LG Electronics, independent of earnings expectations.

[This article was written with the assistance of AI. This article is not intended to solicit investment, and the final decision and responsibility for investing lie with the investor.]