🟢 Samsung Life Insurance is trading 9% up today as SK hynix results spur Korean stock rally

Samsung Life Insurance is trading at KRW 277,500, up 8.82%, amid a broader Korean market and Samsung Group stock rally.

• The KOSPI rose 6.63% on October 28, led by chipmakers after SK hynix reported record results and announced shareholder returns.
• Samsung Life’s stake in Samsung Electronics drew attention as investors anticipated its results and possible shareholder returns; a higher dividend could increase Samsung Life’s dividend income.