50,000 Electronics' 52-week low again... 2.2% ↓ 57,700 won fall

2024.10.22. PM 3:59
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Samsung Electronics closed at 57,000 won, renewing its 52-week low.

Shares of Samsung Electronics fell 2.2 percent to close at 57,700 won amid combined net selling by foreigners and institutions.

It broke the 52-week low of 58,500 won, which was recorded during the day yesterday, again in one day.

Foreigners and institutions made net selling together, and foreigners continued net selling for 30 days, the longest ever.SK Hynix, which had been rising in the early days of

, also closed 1.62% lower.

Both the KOSPI and KOSDAQ indexes fell on combined net selling by foreigners and institutions.

The Kospi closed down 1.31 percent at 2,570.7, and the tech-heavy KOSDAQ index closed down 2.84 percent at 738.34.

The market analyzed that the possibility of U.S. Republican presidential candidate Donald Trump's election is highlighted, leading to a sell-off by foreign investors.




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