On the 16th in the afternoon, Samsung Life Insurance shares rose nearly 10%, hitting a 1-year high. The move is seen as being influenced by a report that Samsung Financial affiliates are reviewing the acquisition of equity in Dunamu.
As of 1:45 p.m. that day, Samsung Life Insurance was trading at 170,400 won on the Korea Exchange, up 9,200 won (5.71%) from the previous session. During the session, the share price jumped to as high as 176,900 won, renewing a 1-year high.
Earlier, buying interest appeared to gather after reports that Samsung Life Insurance, Samsung Securities and other Samsung Financial affiliates are discussing a transaction for existing shares of Dunamu with Kakao Investment, Dunamu's third-largest shareholder.
Samsung Financial affiliates are said to be reviewing the purchase of 8% of the equity in Dunamu held by Kakao Investment.