Samsung Group Shares Exceed 700 Trillion Market Cap For First Time Thanks To Semiconductor Dividend

The total market capitalization of Samsung Group shares increased more than 200 trillion won this year alone, surpassing 700 trillion won for the first time.

According to related industries, on the 27th, the market capitalization of 23 Samsung Group shares (including preferred shares) listed on the KOSPI and KOSDAQ markets on the 24th was 719.13 trillion won.

The market capitalization of Samsung Group shares is 1.3 times Korea’s total budget next year (556 trillion won), which is four times that of SK (171 trillion 26 trillion won), the second market capitalization. of the largest group.

At the end of last year, the market capitalization of Samsung Group shares was 514 trillion out of 1112 trillion won, which is similar to the Korean budget (512 trillion won), but the current market capitalization exceeded the budget for next year a year later.

It rose to 39.9% (205 trillion 18 billion won) from the end of last year, and this year alone it increased more than 200 trillion won.

The novel coronavirus infection panic (Corona 19) increased 88.0% (336.534 billion won) from March 19 (382.596 billion won), when the KOSPI index was at the bottom of this year .

Notably, on October 25, when President Lee Kun-hee passed away, it increased by 28.0% (KRW 157 trillion) in just two months from 561.824 million won.

The reason for the sharp increase in market capitalization is that the share price has risen significantly as the semiconductor industry improved and dividend expectations matched.

Consequently, KOSPI’s total market capitalization share also increased by 2.3 percentage points from 34.8% at the end of last year to 37.1%.