LG Chem Declines After 4Q Profit Misses Estimate: Seoul Mover
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LG Chem Ltd. slumped to the lowest level in more than two months in Seoul trading after South Korea’s biggest chemical maker reported a smaller-than-expected quarterly profit.
Seoul-based LG Chem sank 3.5 percent to 302,000 won, the lowest level since Nov. 23, at the close in Seoul. The benchmark Kospi index rose 0.4 percent.