Samsung group stocks break through market cap of 700 trillion for the first time on the back of expectations for semiconductor-dividend

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

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

The market capitalization of Samsung Group stocks is 1.3 times the total budget of Korea next year (556 trillion won), which is four times that of SK (171 trillion 26 billion won), the second-largest group stock market cap.

As of the end of last year, the market cap of Samsung Group stocks was 514 trillion 1112 billion won, which is similar to the Korean budget (512 trillion won), but the current market cap 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 increased more than 200 trillion won.

The panic of the novel coronavirus infection (Corona 19) increased 88.0% (336,534 billion won) from March 19 (382,596 billion won), when the KOSPI index was at the bottom this year.

In particular, on October 25, when Chairman Lee Kun-hee passed away, it surged by 28.0% (157 trillion KRW) in just two months from 561.824 billion won.

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

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