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KOSPI, 1.46% ↑ … 2,300 lines recovery
Observations on whether uncertainty will be removed as a result of the US presidential elections.
President Lee Kun-hee dies, and Lee Jae-yong ranks first in stock
[앵커]
Before the US presidential election, the national stock market rose yesterday. With the death of the late Chairman of the Samsung Group, Lee Kun-hee, there is a greater possibility that the ranking of domestic stocks will change. Reporter Lee Jong-soo on the report. The Kospi, which fell more than 2.5% on Friday last week, rose sharply and recovered to the 2,300 line. The KOSDAQ index rose 1.3% and climbed back to the 800 line. This is attributed to the fact that investors who saw the stock market fall last week were excessive and began to buy back. Now, investors’ attention is focused on the US presidential election. While the US presidential elections are nearing completion, they are positive for the recovery of investor sentiment, but there is also an ongoing concern that uncertainties will linger. The reproliferation of Corona 19 in the US and Europe remains a variable that can increase volatility in the domestic stock market. As with the direction of the stock market, attention is also being paid to changes in the ranking of the wealthy in domestic stocks. With the death of the late Samsung Chairman Lee Kun-hee, Samsung Electronics Vice Chairman Lee Jae-yong is being regarded as the number one shareholder in Korea. According to a financial information company, as of last month 29, the capital valuation of domestic listed companies owned by former President Lee Kun-hee amounted to 17.74 trillion won. Since 2009, former President Lee has been the number one national shareholder for more than 10 years, surpassing Chung Mong-koo, honorary chairman of Hyundai Motor Group. As for Samsung Street, Vice President Lee Jae-yong ranks second with KRW 7.34 billion, and Leeum Art Museum, the president’s ex-wife Hong Ra-hee ranks fifth with KRW 3.46 trillions. Assuming former President Lee’s stake is inherited by the Samsung family in legal proportion, Vice President Lee Jae-yong will inherit the father’s No. 1 spot with a stake worth 11,274.4 billion won. Former director Hong Ra-hee jumped from fifth to second place with 9.594 billion won. Even if inheritance tax is considered, if we assume former President Lee’s shares are sold and paid, and divide this by the legal inheritance ratio, Vice President Lee’s equity valuation will be 9.523 billion won, ranking first. YTN Jongsoo Lee[[email protected]]it is.