November 21, 2024
Samsung
Samsung’s market value rises W96tr in 6 months
[THE INVESTOR] The market value of Samsung Group rose by 96 trillion won (US$83.50 billion) in the past six months, industry data showed on July 11.
The market cap of 16 firms affiliated with the business group surged 26.35 percent to 460.5 trillion won as of Monday from 364.4 trillion won tallied at the end of last year, according to the figures by market researcher FN Guide.
Samsung Electronics took the largest share with an increase of 64.4 trillion won to 317.9 trillion won from 253.5 trillion won.
Individual stock prices of the world’s largest producer of smartphones and memory chips climbed to 2.43 million won as of July 10 from 1.8 million won as of the end of last year.
Market analysts forecast a further rise in the market cap of Samsung Electronics for the time being.
By Alex Lee and newswires (alexlee@heraldcorp.com)
The market cap of 16 firms affiliated with the business group surged 26.35 percent to 460.5 trillion won as of Monday from 364.4 trillion won tallied at the end of last year, according to the figures by market researcher FN Guide.
Samsung Electronics took the largest share with an increase of 64.4 trillion won to 317.9 trillion won from 253.5 trillion won.
Individual stock prices of the world’s largest producer of smartphones and memory chips climbed to 2.43 million won as of July 10 from 1.8 million won as of the end of last year.
Market analysts forecast a further rise in the market cap of Samsung Electronics for the time being.
By Alex Lee and newswires (alexlee@heraldcorp.com)
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