Samsung Electro-Mechanics stock price jumps nearly 5% as shares test a 52-week high
Samsung Electro-Mechanics shares jumped 4.8% to 292,500 won Monday, hitting a 52-week high of 300,000 won before easing. The move came as South Korea’s January exports surged 33.9%, led by a 102.7% jump in semiconductor shipments. KOSPI opened about 1% lower after news of a new Federal Reserve chair nominee. Investors await Murata’s earnings for signals on MLCC pricing.