by Song Hwajung
Published 21 Oct.2024 09:23(KST)
Updated 21 Oct.2024 09:31(KST)
Samsung Electronics continued its decline for the second consecutive day, hitting a 52-week intraday low.
As of 9:20 a.m. on the 21st, Samsung Electronics is trading at 58,600 KRW, down 600 KRW (1.01%) from the previous close. During the session, the price dropped to 58,500 KRW, breaking the 52-week intraday low.
Foreign selling pressure continues to weigh on Samsung Electronics. Foreign investors have consecutively net sold Samsung Electronics for 28 trading days from the 3rd of last month to the 18th of this month, marking the longest net selling streak in history. On this day as well, sell orders are appearing through foreign brokerage channels.
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