Samsung Electronics, 55,000 won, ‘new low price’ again… Impact of US presidential election uncertainty and HBM gap

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Samsung Electronics’ stock price fell more than 3% in one day, hitting its lowest price in a year.

Samsung Electronics closed today at 55,000 won, down 3.51% from the previous trading day’s closing price, and fell 900 won more than the previous 52-week low, which was the closing price of 55,900 won on October 25.

Based on the closing price, it is the lowest since September 30, 2022, and has fallen by more than 40% compared to the all-time highest closing price of 91,000 won.

Foreigners net sold KRW 12.9339 trillion over 33 trading days from September 3 to October 25, and continued net selling for 9 consecutive trading days from October 30, selling KRW 541.8 billion today. I sold it.

SK Hynix also finished trading at 192,600 won, down 3.94% from the previous trading day, which is believed to be due to increased uncertainty in the semiconductor sector following the results of the recent US presidential election.

On the 8th, the previous trading day, Nvidia closed down 0.84% ​​on the New York Stock Exchange, and the semiconductor index recorded 5290.52 points, down 0.81% from the previous day.

It is interpreted that the reason Samsung Electronics is relatively unable to exert more effort is because of the evaluation that it has not yet been able to narrow the gap with its competitors in the HBM market.