Samsung earnings push group market cap near W1,600tr

Samsung Electronics’ record-breaking first-quarter earnings have lifted the combined market capitalization of its group affiliates to nearly 1,600 trillion won ($1.08 trillion), underscoring the company’s dominant role in Korea’s equity market. According to the Korea Exchange on Wednesday, the total market value of 17 listed Samsung Group affiliates reached 1,588,500,000,000 won at the close, accounting for 39.65 percent of the combined capitalization of the Kospi, Kosdaq and Konex markets. The

By The Korea Herald