SMSN
Sell 1487
Spread Spread12
Buy 1499

Trade Samsung Electronics REG S GDR - SMSN stock price

Sell 1487
Spread Spread12
Buy 1499
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History

SMSN

What is Samsung Electronics Co. Ltd?

Samsung Electronics (SMSN) is a South Korean technology company engaged in the manufacturing and sale of electronic goods, communication products, semiconductors, telecommunication equipment, home appliances and an ever-increasing line of technology-based products. The company operates through four main business segments: digital media, semiconductors, telecommunications and digital appliances.

The company is headquartered in Suwon, South Korea. Originally founded in 1969 as the industrial arm of the Samsung Group, which prior to this was known as a fertiliser and seaweed trading company, Samsung Electronics quickly grew in the industrial manufacturing industry through strategic cooperation with Sanyo, a large Japanese electronics company. The founder, Lee Byung-Chul initially faced a large backlash as tensions between the two countries were high and the public worried it would lead to further Japanese control of the Korean economy. Samsung was only able to begin capitalising on this strategic partnership following an announcement from the Korean government that the company would focus on exports and remain Korean. After that, a joint venture was formed between Samsung, Sanyo and Sumitomo Corporation that would become the direct predecessor to the current Samsung Electronics.

 

Past performance of SMSN stock price

Samsung stock trading occurs on the Korean Stock Exchange (KRX) which only permits trading by Korean nationals or foreigners holding an investor registration certificate issued by the Korean government. Most foreign traders interested in purchasing Samsung stock do so through global depository receipts issued through either the London or Luxembourg exchanges.

There has been one stock split in the history of the company, in May 2018 at a 20:1 ratio, and there are currently almost 6 billion shares outstanding. The Samsung share price reached an all-time high of $1,339.00 on January 20, 2020 before dropping drastically to $851 on March 23, as consumer spending and markets crashed in the wake of enforced global lockdowns. The stock has rebounded, and the price today can be viewed on the price chart. While the majority of industries suffered losses as the scale of the disruption the pandemic would inflict became apparent, it is worth noting that as of mid-2020 Samsung is up over 176 per cent over a five-year period. The Samsung share price has outperformed many leading indices such as the FTSE 350. Traders may also be attracted to invest in Samsung stock due to its attractive dividend-per-share growth.

 

How to invest in Samsung stock?

Samsung is also a constituent of many foreign indices, which focus on either Asian or electronics markets, the most notable of which is the S&P Global 100. Traditionally, those looking to invest in Samsung stock would purchase shares or an index which includes SMSN. Traders are also able to purchase derivatives based on SMSN stock, such as CFDs (contracts for difference) or options.

Traders using the Currency.com tokenised trading platform are able to profit from upward or downward movements in the Samsung share price without having to invest directly. Tokens are crypto derivatives whose value is linked to the value of a particular asset, in this case the SMSN price today. The token is registered using distributed ledger technology (DLT) the same way cryptocurrency is recorded. This technology allows for trading using crypto without the need of converting back and forth with fiat currency, saving on exchange fees. The utilisation of this technology allows for tokenised assets trading to be efficient, inexpensive, and secure.

When trading tokenised stocks you can take a long or short position depending on whether you feel the price today is over or under-valued based on the price chart. If you think the price will decrease you can short the tokenised stock and if you think it will increase you can take a long position. Trading in tokenised assets on Currency.com also allows for traders to benefit from the leverage offered on the platform, up to 1:100.

 

Tokenised Samsung stock trading guide

Trading tokenised Samsung shares is no more difficult than regular stock. To begin trading tokenised assets, you will follow need to follow some simple steps:

  • Register for an account with Currency.com.
  • Deposit funds (with crypto or fiat) in the account.
  • Determine the position size desired, accounting for leverage offered by Currency.com.
  • Determine your trading position (long or short) based on expected share price movement and purchase tokenised Samsung shares derivatives. Currency.com matches the long orders from its clients with the sell orders and then hedges the unmatched orders through Capital.com, LMAX Digital or exchanges such as Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
  • Close your position when applicable. You can set a take-profit or stop-loss indicator to ensure you are not required to constantly monitor the price. Funds will deposit back to your account after closing and you can withdraw or take a new position.

 

Why trade tokenised Samsung shares with Currency.com

Samsung stock trading at Currency.com tokenised assets exchange has a number of advantages. Tokens are underpinned by robust and immutable blockchain technology. Opening a trade will give you a token that tracks and moves according to the underlying instrument's price.

  • One-stop crypto trading platform

Trade tokenised Samsung shares with Bitcoin or Ethereum. Benefit from the stock's price movements without turning your crypto assets into fiat.

  • Tight spreads

Trade tokenised shares with a tight market spread, benefit from maker rebates and competitive taker fees.

  • Leverage

Experienced traders can trade the world's top stocks, like SMSN, with up to 1:100 leverage.

  • Effective risk management

Manage your risks and secure your profits with stop-loss and take-profit orders. Save your assets with negative balance protection.

  • Instant order execution

We have a scalable and low latency order management system, which can execute 50 million trades per second.

  • Safe regulation

Currency.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.

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SMSN price history

Date Close Change Change(%) Open High Low
Oct 22, 2021 1487 -6 -0.40% 1493 1494 1485
Oct 21, 2021 1492 3 0.20% 1489 1493 1482
Oct 20, 2021 1499 3 0.20% 1496 1500 1488
Oct 19, 2021 1492 6 0.40% 1486 1492 1481
Oct 18, 2021 1471 -3 -0.20% 1474 1475 1464
Oct 15, 2021 1472 0 0.00% 1472 1484 1469
Oct 14, 2021 1459 13 0.90% 1446 1464 1446
Oct 13, 2021 1436 -9 -0.62% 1445 1450 1436
Oct 12, 2021 1449 -15 -1.02% 1464 1464 1422
Oct 11, 2021 1493 -7 -0.47% 1500 1502 1480
Oct 8, 2021 1496 6 0.40% 1490 1501 1485
Oct 7, 2021 1508 8 0.53% 1500 1511 1499
Oct 6, 2021 1485 -9 -0.60% 1494 1495 1471
Oct 5, 2021 1528 16 1.06% 1512 1529 1509
Oct 4, 2021 1529 -7 -0.46% 1536 1546 1528
Oct 1, 2021 1536 13 0.85% 1523 1545 1523
Sep 30, 2021 1552 -8 -0.51% 1560 1567 1550
Sep 29, 2021 1567 9 0.58% 1558 1569 1556
Sep 28, 2021 1577 -25 -1.56% 1602 1609 1575
Sep 27, 2021 1630 -11 -0.67% 1641 1644 1622