[Market Focus] Samsung Life Insurance Jumps Over 5%...Rises for 8 Consecutive Sessions

On June 11, Samsung Life Insurance showed strong performance in early trading. As of 9:45 a.m. that day, Samsung Life Insurance was trading at 122,100 won, up 5,900 won (5.08%) from the previous trading day.

Samsung Life Insurance also surged by 5.10% the previous day. Since the beginning of June, the stock has continued to rise for eight consecutive trading days.

This is interpreted as being driven by expectations for strengthened rights of minority shareholders and enhanced transparency in corporate governance, which are expected to be promoted under the new administration.

Expectations for earnings and dividends also contributed to the rise.

Kiwoom Securities stated, "Considering its strong capital base, the absence of surrender value reserves, and earnings visibility, we believe the stability of dividend per share (DPS) growth is the highest among its peers," adding, "While the absolute expected dividend yield may be relatively lower within the industry, the current level is historically the highest, making the stock's valuation highly attractive."