[Featured Stock] Samsung E&A Hits 52-Week Low Amid External Variable Uncertainties

Samsung E&A recorded a 52-week low. Uncertainties in both the petrochemical and non-petrochemical sectors appear to have impacted the stock price.

As of 9:20 a.m. on the 25th, Samsung E&A was trading at 19,130 KRW, down 3.48% from the previous day. During the session, the price fell to as low as 18,600 KRW, marking a 52-week low.

Song Yurim, a researcher at Hanwha Investment & Securities, stated, "There were no new orders in the third quarter, and the non-petrochemical sector, which had maintained orders worth trillions of KRW for 11 consecutive quarters, shrank to about 380 billion KRW. It seems reasonable to lower the non-petrochemical sector's orders to the usual level of 3 to 4 trillion KRW while decision-making among affiliates is delayed. Regarding the petrochemical sector, uncertainties have emerged due to oil price fluctuations, concerns over budget and investment cuts by clients, and geopolitical issues in the Middle East."

Researcher Song added, "Given the rising uncertainties from external factors, the company needs to make efforts to overcome them. It is a time when active shareholder return policies using the expected year-end net cash of about 2 trillion KRW are necessary, while continuing order achievements, promoting new businesses, and maintaining stable performance."