Market Chatter: Samsung Electronics Hits 52-Week Low on Wednesday Amid Market Volatility
Shares of Samsung Electronics (KRX:005930) dropped to a 52-week low on Wednesday, declining 1.33% to 66,600 won ahead of the Chuseok holidays from Sept. 16 to Sept. 18, Pulse News reported the same day.
Mirae Asset Securities analyst Kim Seok-hwan advised a conservative approach, given the current market sentiment, the report said.
However, shares of Samsung Electronics rebounded on Thursday, rising nearly 2% in the afternoon trade.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price (KRW): â©65900.00, Change: â©+1000, Percent Change: +1.54%
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