Samsung Securities' Overseas Stock Assets Surpass 30 Trillion Won
Kim SangJin
letyou@alphabiz.co.kr | 2024-12-18 02:27:16
Photo = Yonhap news
[Alpha Biz= Reporter Kim Sangjin] As of December 6, Samsung Securities announced that its overseas stock assets exceeded 30 trillion won, marking a 73% increase compared to the previous year. The number of overseas stock trading accounts also grew sharply by about 47% year-over-year, reaching 530,000 accounts, reflecting significant growth in this sector.
Over the past five years, Samsung Securities' overseas stock assets have seen a compound annual growth rate (CAGR) of 34.1%, consistently increasing during that period.
While Samsung Securities' investors are primarily focused on U.S. stocks, there is also a growing interest in stocks from other countries, such as Japan, the UK, and France, with Japan and the UK being the second and third largest markets for the company in terms of asset value.
Among the top holdings of Samsung Securities' clients are major U.S. tech stocks, including Tesla, Nvidia, Apple, and Microsoft. Additionally, index-based ETFs have gained significant popularity, appearing prominently among the most-held assets.
To enhance customer convenience, Samsung Securities offers a range of services, including the mPOP mobile app, which allows customers to trade European stocks, and a consolidated margin service, enabling customers to trade overseas stocks directly in Korean won.
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