Samsung Electronics fell to the 70,000 won level during the day, the third consecutive day of weakness.
As of 9:42 am on the 21st, Samsung Electronics is trading at 80,000 won, down 500 won (0.62%) from the previous trading day. It has been down for three consecutive trading days since the 17th, and the intraday low was 79,600 won. The last time Samsung Electronics’ stock price fell to the 70,000 won level was on the 31st of last month (79,600 won).
Although the stock price is showing a sluggish trend, the stock market is offering a hopeful analysis of Samsung Electronics. As many concerns have already been reflected in the share price and the correction has continued this year, it is now time to look at the positive side rather than worry.
Lee Soon-hak, a researcher at Hanwha Investment & Securities, said, “Samsung Electronics is expected to record good results in the second quarter, but investors are concerned that Samsung Electronics will peak in the third quarter and draw a downward trend. I understand to a certain extent that they are doing this, but the fundamentals of the memory business are showing very strong.”
“The improvement in the memory market was reflected early from the end of last year, and valuations of IT stocks have started to receive discounts this year due to inflation concerns.” may be able to rebound.”
[김경택 매경닷컴 기자]
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]