Samsung Electronics Stock Soars... National Pension Service's Asset Management Profit Up 6 Trillion Won in One Month

[Asia Economy Reporter Koh Hyung-kwang] As Samsung Electronics' stock price soared to an all-time high, the value of the National Pension Service's stake, which holds a large amount of Samsung Electronics shares, has recently surged by about 6 trillion won in the past month.

According to the Korea Exchange on the 12th, the value of the Samsung Electronics shares held by the National Pension Service was estimated at 38.4316 trillion won based on the closing price on the 10th. Compared to 32.407 trillion won at the end of November last year, this is an increase of 6.0245 trillion won (18.59%).

In the fourth quarter of last year, the National Pension Service raised its stake in Samsung Electronics from 9.14% to 9.55%, benefiting greatly from the sharp rise in Samsung Electronics' stock price.

Since December last year, Samsung Electronics common stock has risen 18.29%, and preferred stock has increased by 18.85%. As a result, both common and preferred stocks set new all-time high closing prices consecutively on the 9th and 10th.

The surge in Samsung Electronics' stock price is due to growing expectations that the semiconductor market will recover, as DRAM spot prices have recently turned upward.

Samsung Electronics' preliminary operating profit for the fourth quarter of last year was 7.1 trillion won, about 9% higher than securities firms' forecast of 6.5 trillion won, raising expectations for a recovery in the semiconductor industry and improved earnings.

Foreign investors have been leading the stock price rise by 'betting' on the semiconductor market recovery, purchasing 1.0117 trillion won worth of Samsung Electronics common stock since December last year.

This content was produced with the assistance of AI translation services.