[Featured Stock] Samsung Electronics Falls Below 55,000 Won... Consecutive New Lows

Samsung Electronics has been hitting new lows for consecutive days, falling below 55,000 won during trading hours.

As of 9:13 a.m. on the 12th, Samsung Electronics is trading at 53,900 won, down 1,100 won (2.0%) from the previous day. It dropped to 53,800 won during trading, marking a 52-week low. This comes just one day after hitting a 52-week high of 55,000 won.

Foreign selling pressure continues to relentlessly drag down Samsung Electronics' stock price. Foreign investors maintained net selling of Samsung Electronics for 33 consecutive trading days from September 3 to October 25. Although they briefly shifted to buying, breaking the streak of consecutive net sales, they have reverted to selling again, continuing a nine-day streak of net sales through the previous day.