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Samsung Electronics, which was the main driver of the stock market’s increase on the 22nd, is still pushing forward gains at the beginning of trading on the 23rd.

At 9:08 a.m. on the same day, Samsung Electronics was being traded at 84,800 South Korean won, an increase of 1,300 South Korean won (1.56%) compared to the previous trading day. In the initial stages of trading, it temporarily hit 85,800 South Korean won, which was its highest level in the past year.

Samsung Electronics saw its gains grow during the pre-market period before the standard trading session started, reaching 91,000 South Korean won, although its upward movement has since slowed after the market opened. Nevertheless, after a 4.77% rise the day before, which confirmed its status as the ‘80,000-won electronics company,’ the positive trend remains intact.

It seems to be influenced by both local and global experts predicting a supercycle in the semiconductor industry, which has boosted investor confidence. Morgan Stanley, which had previously supported the ‘semiconductor winter theory’ last year, remarked, “This year’s winter is expected to be warm,” and shared an optimistic investment perspective for the domestic semiconductor sector.

The attention of investors is anticipated to move towards Samsung Electronics’ third-quarter financial report. Samsung Electronics is set to release its initial third-quarter figures during the first half of the following month.