Samsung Electronics Crashes '40,000 Electronics'...The exchange rate is around 1,400 won. "Anxiety."

[Anchor]
Our financial market is reeling from bad news from Trump.

The KOSPI rebounded only slightly for the first time in five days, but Samsung Electronics, the top market cap, plunged to 40,000 electronics for the first time in four years and five months.The exchange rate between

won and the dollar remains around 1,400 won despite the "verbal intervention" of the foreign exchange authorities.

I'll connect you to a reporter for more information.

Reporter Lee Hyung-won, let's look at the stock market first.

Samsung Electronics sank to the 40,000 won level?

[Reporter]
Yes, we are the number one company by market capitalization in our securities market.

Samsung Electronics eventually fell to the 40,000 won range.

Today, Samsung Electronics closed at 49,900 won, down 1.38% from yesterday.

The closing price was the same as on June 15, 2020.

As foreign investors have turned their backs on them, the stock has lost as much as 13% over the past five trading days.In the end, the strong selling of

ended up being pushed out to 40,000 electronics in four years and five months, and the market capitalization of 300 trillion won also collapsed.

As Samsung Electronics collapsed helplessly, the KOSPI also lost its mind.

Started higher today, but failed to increase the rise

closed just 0.07% higher at 2,418.86.

It rebounded slightly in five trading days, but it received an anxious report card.

The KOSDAQ also started higher, but it didn't continue the mood.

It closed at 681.56, down 1.17% from yesterday.

[Anchor]
Why is our stock market so weak, including Samsung Electronics, a semiconductor market leader?

[Reporter]
This is because the Trump administration, which will be officially launched in January next year, is advocating U.S. priority.

As it has vowed to raise trade barriers, including higher tariffs,

The implementation of these policies has raised concerns about trade disputes and high prices.

If the U.S.-China conflict intensifies, our economy, which is highly dependent on semiconductor exports, will also be reeling.

This is why Samsung Electronics, the semiconductor giant, is shaking significantly.

In addition, the "Trump Trade," which attracts investors as assets that are expected to benefit from Trump's presidency, is also a negative factor.

It is analyzed that our stock market is being turned away as investments are concentrated in dollars, U.S. stocks, and virtual assets.

[Anchor]
Is this why the won-dollar exchange rate is unstable?

[Reporter]
Yes, the won-dollar exchange rate has rarely come down from the 1,400 won range.

Yesterday, it exceeded 1,411 won during the day, the highest in two years.

It was a bit slow today, but it still moved around 1,400 won.

As of 4:30 p.m., it was trading at 1,405.1 won, down 1.5 won.

As the psychological Maginot line of 1,400 won continues to be breached, anxiety has not subsided.

[Anchor]
So, in the end, the foreign exchange authorities started oral intervention, right?

[Reporter]
Yes, a meeting on macroeconomic and financial issues was held this morning presided over by Deputy Prime Minister Choi Sang-mok.

At this meeting, there were remarks that they would take active measures against currency instability.

Choi expressed concern that uncertainties related to global economic growth, prices and monetary policy are present along with changes in the policy stance of the new U.S. government.

In response, he asked for active market stabilization measures to be implemented quickly if financial and foreign exchange market volatility expands excessively.

It gave a message that if the exchange rate continues to surge, it will intervene in the market.

This oral intervention is the first in seven months since April, when the exchange rate rose below 1,400 won due to political instability in the Middle East.

However, even after oral intervention, the exchange rate remains unchanged at around 1,400 won.

If the high exchange rate continues like this, it will inevitably affect our consumer prices with a time lag by raising import prices.This is why not only the

government but also the Bank of Korea, which is set to decide its key interest rate on the 28th, are watching the exchange rate trend.

So far, I'm Lee Hyungwon of YTN on the Korea Exchange.