Samsung Electronics' market cap hits record high for this year

2015-03-19 1

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.
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.
Its share price also topped a psychologically significant level of 1-and-a-half million won,... or about 13-hundred dollars.
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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