Samsung Electronics Stock Price Hits 80,000 Won Level for the First Time Ever
[Asia Economy Reporter Koh Hyung-kwang] Samsung Electronics' stock price touched the 80,000 won mark for the first time ever.
According to the Korea Exchange on the 28th, Samsung Electronics was traded at 80,000 won on the KOSPI market as of 9:07 a.m., up 2.8% from the previous trading day. With three consecutive days of gains, it set a new all-time high. Samsung Electronics' stock price rose to the 70,000 won level for the first time on the 3rd and climbed back to the 80,000 won level in about 20 days.
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The global financial market stability and expectations for the semiconductor industry are driving the stock price upward. Industry insiders predominantly expect that with a rebound in the semiconductor market centered on DRAM next year, Samsung Electronics' performance will improve and its dividend size will expand.
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