[Featured Stock] Samsung Electronics Enters 66,000 Won Range... Hits New Low Again

by Gi Yeonjin

Published 15 Apr.2022 09:11(KST)

[Image source=Yonhap News]

[Asia Economy Reporter Ji Yeon-jin] Samsung Electronics set a new 52-week low on the morning of the 15th as its stock price fell below 67,000 won early in the trading session.

On that day, Samsung Electronics traded at 66,600 won during the morning session, down 1.19% from the previous day, marking a 52-week low.

Since the collapse of the 80,000 won level at the end of last year, the stock price has been declining continuously due to concentrated foreign selling amid concerns over interest rate hikes from the beginning of the year. This month, foreign selling intensified further, and the stock price has continued to hit new lows day after day.