Samsung stock hits 13-month high after strong rebound

Shares of Samsung Electronics, South Korea’s largest company by market capitalization, surged past 80,000 won (approx. $57.70 USD) for the first time in 13 months, driven by growing optimism over a rebound in memory chip prices and a strong upcoming earnings report, Azernews reports, citing Yonhap agency.
Access to paid information is limited
Find the plan that suits you best.
1 month subscription
Full digital access to all news for 1 month
3 months subscription
Full digital access to all news for 3 months
6 months subscription
Full digital access to all news for 6 months
1 year subscription
Full digital access to all news for 1 year
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!