Samsung Electronics Stocks Climb 4.74% as Chip Rebound Pushes Shares Near 200,000 Won

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This article first appeared on GuruFocus. Samsung Electronics (SSNLF) shares climbed 4.74% to 198,900 won at the November 10 regular-session close in Seoul, equivalent to 1:30 a.m. ET. In early Nextrade trading the shares briefly reached 201,000 won, up 5.85%, before giving back part of that gain. Warning! GuruFocus has detected 4 Warning Signs with SSNLF. Is SSNLF fairly valued? Test your thesis with our free DCF calculator.SSNLF GF Value chart The lift came from overseas. On Monday, AMD surged 13.26%, Broadcom 8.78% and Micron 6.25%, as U.S. chipmakers clawed back part of last week's rout. Oil also dropped, with WTI settling 4.38% lower at $86.85 after President Trump played down new strikes on Iran. That eased inflation fears across Asia.