Market Chatter: Samsung Electronics' Market Capitalization Surpasses KRW2 Quadrillion

MT Newswires Live06-02 11:12

Samsung Electronics' (KRX:005930) market capitalization exceeded 2 quadrillion won on Monday, for the first time ever, Yonhap News said in a same-day report.

As of 11:44 am on Monday, company shares were up 9.31% to trade at 346,500 won on Kospi, leading to a market capitalization of 2,025.7 trillion won, the report said.

SK Hynix (KRX:000660) had a market capitalization of 1,689.8 trillion won as of the same time, it said.

Shares of Samsung Electronics rose nearly 1% in recent 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.)

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