Samsung Electronics Shares Are Reeling Again Ahead Of Earnings Release [Anchor Report]

Samsung Electronics, the leader of the market, is hardly using its power.

The stock price fell 25% in the last three quarters alone.

It's the third-largest drop on a quarterly basis and the biggest drop since the "Com bubble" shock of the early 2000s.

The decline in Samsung Electronics' stock prices is largely due to foreigners selling their stocks.

It has been net selling for the last 20 consecutive trading days.

It's the longest period since the 25th consecutive trading day of March 2022 net selling, just after the Russia-Ukraine war.

Samsung Electronics' shares sold by foreigners in September amounted to about 9 trillion won.

It's the biggest monthly record ever.

This is a 74% increase compared to the time when the stock market plunged in March 2020 due to the impact of COVID-19.

Samsung Electronics' stock price has been on the wane recently, slumping to the 50,000 won level in another session a day before the third quarter's earnings report.

Although it recovered to the 60,000 won level in the second half of the market due to the influx of backlash buying, it was in contrast to SK Hynix's more than 6% increase.