[Featured Stock] Samsung Electronics Hits New 4-Day Low... Falls Below 61,000 Won Level
[Asia Economy Reporter Kwon Jae-hee] The stock price of Samsung Electronics, the leader of the KOSPI, fell below 61,000 won on the 15th, marking a new four-day low.
As of 10:26 a.m. on the same day, Samsung Electronics' stock price was trading at 60,900 won, down 1.62% from the previous trading day. This marks a new low for four consecutive days.
Samsung Electronics' stock price has been declining for seven consecutive trading days from the 7th to the 15th.
In the securities industry, there are forecasts that Samsung Electronics' stock price could fall to the 50,000 won range.
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Kim Jang-yeol, a researcher at Sangsangin Securities, analyzed, "The U.S. Consumer Price Index (CPI) recorded a higher-than-expected level, and a high-intensity tightening policy to curb inflation is expected," adding, "In this situation, Samsung Electronics' stock price could be pushed down to the low 50,000 won range."
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