[Featured Stock] Samsung Electronics Hits New Intraday High of 78,800 Won

[Asia Economy Reporter Oh Ju-yeon] Samsung Electronics' stock price rose to 78,800 KRW during trading on the 24th, setting a new 52-week high.

As of 2:43 PM on the same day, Samsung Electronics was trading at 77,800 KRW, up 5.28% from the previous trading day. During the session, it climbed to 78,800 KRW, marking a new record high.

In the KOSPI market on this day, foreigners and institutions were net buyers of 116.2 billion KRW and 379.2 billion KRW respectively, driving the market upward, with institutions purchasing 75 billion KRW worth of Samsung Electronics shares at this time.

Institutions also supported Samsung Electronics' stock price the previous day by buying 133.4 billion KRW worth of shares, alongside foreigners who bought 28.2 billion KRW.

Expectations for Samsung Electronics' special year-end dividend are rising, leading to increased buying activity toward the end of the month. From the 1st to the 18th of this month, individuals were net buyers with purchases totaling 1.8772 trillion KRW, while foreigners and institutions were net sellers of 1.2487 trillion KRW and 644.8 billion KRW respectively. However, from the third week of December, starting on the 21st until today, individuals have been net buyers of 61.5 billion KRW, and institutions have also turned to buying, acquiring 164.8 billion KRW worth of shares.

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