Samsung Electronics reaches the 180,000 won mark for the first time... KOSPI closes at 5507.01
Samsung Electronics' stock price has risen to 180,000 won for the first time as KOSPI closes at 5507.01 after a three-day increase.
Samsung Electronics has made history by surpassing the 180,000 won mark for the first time due to a consecutive three-day increase in its stock price. On the 13th, the stock closed at 181,200 won after rising by 1.46% (2,600 won) compared to the previous trading day. Starting the day at 179,500 won, the stock surged to as high as 184,400 won during the morning session, representing an impressive 51.1% rise since the end of the previous year when it was priced at 119,900 won.
Meanwhile, the KOSPI index faced slight declines, closing down by 0.28% (15.24 points) at 5,507.03. The market sentiment was impacted following declines in the New York stock market, and although the KOSPI reached a record high of 5,583.74 during the day, it later pulled back significantly. Foreign investors contributed to downward pressure on the index with a net sale of 976.2 billion won, while individual and institutional investors showed positive movement with net purchases of 712.2 billion won and 80.8 billion won respectively.
Furthermore, the KOSDAQ index also fell, closing down by 19.91 points (1.77%) at 1,106.08. The exchange rate for the Korean won against the US dollar rose by 4.7 won, concluding the week at 1,444.9 won showing fluctuations influencing both the stock and currency markets.