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Shares of Samsung Electronics Hit All-time High

Written: 2017-01-03 18:52:21Updated: 2017-01-03 19:33:30

Shares of Samsung Electronics Hit All-time High

Shares of Samsung Electronics hit an all-time high on expectations of better earnings for the final quarter of 2016.

Shares of the tech giant closed at one-point-824 million won on Tuesday, up slightly more than one percent from the previous session. It surpassed the previous record of one-point-812 million won set on December 20th.

During Tuesday’s trading session, the stock rose as high as one-point-831 million won.

The stock is on the rise since the firm’s transition to a holding company structure and announcement of plans to enhance its shareholder return program in late November.

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