[Featured Stock] Samsung Electronics Falls Below 70,000 Won Intraday for First Time in 4 Months, "Back to 60,000 Won"

[Asia Economy Reporter Lee Seon-ae] Samsung Electronics' stock price slipped below 70,000 won in early trading on the 7th. Despite the second round of talks between Russia and Ukraine, fighting continued in key regions, raising concerns about the gas supply chain essential for semiconductor production processes, which is believed to have dampened investor sentiment.

As of 9:47 a.m. on the 7th, Samsung Electronics was trading at 70,200 won, down 1.82% from the previous trading day. During the session, it fell to 69,900 won, down 2.24% from the previous day, briefly returning to the '60,000 won range.' This is the first time Samsung Electronics' stock price has fallen below 70,000 won since November 12, 2021 (69,900 won), about four months ago.

The stock price decline is estimated to be due to concerns that the prolonged Russian invasion of Ukraine will worsen the operating profit margin of the information and communication technology (IT) sector. According to Hana Financial Investment, when West Texas Intermediate (WTI) crude oil prices exceed $100, the semiconductor sector's operating profit margin compared to the previous quarter dropped by 2.4%.

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