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Samsung Electronics' market cap hits record high for this year

2015-03-19 1 Dailymotion

Samsung Electronics' presence in the local stock market has jumped to one of its highest levels this year,... amid rising expectations for its new Galaxy S6 smartphone.<br />According to market researcher FnGuide,... the tech giant's market capitalization came to one-hundred-99 billion U.S. dollars as of Wednesday,... making up over 18 percent of the local bourse.<br />Its share price also topped a psychologically significant level of 1-and-a-half million won,... or about 13-hundred dollars.<br />Samsung's share price has risen 13 percent over the first two and a half months of this year,... well above the market average of about 5-percent.

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