It's pushed to the 2,410 mark on the KOSPI...Samsung Electronics' lowest price in four years and five months

2024.11.13. PM 4:53
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As the KOSPI fell to 2,410 due to unfavorable factors from Trump, the market capitalization fell below KRW 2,000 trillion.

Today (13th), the KOSPI closed at 2,417.08, down 2.64% from yesterday.

Based on the closing price, it was the lowest in a year since Nov. 13 last year at 2,403.76.

The market capitalization fell below KRW 2,000 trillion for the first time since 'Black Monday' in August.

Samsung Electronics, the top market cap, plunged to 50,500 won during the day, the lowest price in four years and five months, and then closed at 50,600 won.

The KOSDAQ also fell 2.94% to close at 689.65.

The closing price was the lowest in a year and 10 months since 688.94 on Jan. 6 last year.

As former U.S. President Trump succeeded in regaining power, the "Trump Trade" intensified.

The Trump trade refers to a phenomenon in which investments are concentrated in dollars, U.S. stocks, and virtual assets, which are expected to benefit from Trump's administration.



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