SBS News

Buying Sentiment Revived by U.S. Tailwinds... Samsung Electronics and SK Hynix Close 2-3% Higher


Add SBS News to Google preferred sources
Main image - SBS News

▲ Samsung Electronics and SK Hynix

Samsung Electronics and SK Hynix finished their regular trading sessions with gains in the 2% and 3% ranges, respectively.

Samsung Electronics closed up 2.20% from the previous session at 255,500 KRW, while SK Hynix rose 3.20% to 1,647,000 KRW.

The simultaneous gains across the three major New York stock indices overnight, driven by strength in major tech and semiconductor stocks, appear to have influenced the domestic stock market.

The Dow Jones Industrial Average rose 1.18% from the previous session, while the S&P 500 and Nasdaq indices gained 1.06% and 1.40%, respectively.

Federal Reserve Governor Christopher Waller's cautious stance on additional interest rate hikes, commonly referred to as dovish remarks, also appears to have had a significant impact.

In the KOSPI market today (the 4th), foreign investors and institutions net bought 503.4 billion KRW and 1.669 trillion KRW, respectively, while retail investors alone net sold 3.7224 trillion KRW.

In the KOSPI electrical and electronics sector, which includes Samsung Electronics and SK Hynix, foreign investors and institutions also maintained a buying advantage with 757 billion KRW and 957.8 billion KRW, respectively, while individuals recorded a selling advantage of 3.2357 trillion KRW.

Other corporations, which recently emerged as major supply-and-demand agents influenced by the treasury stock buybacks of Samsung Electronics and SK Hynix, net bought 1.5398 trillion KRW in the KOSPI electrical and electronics sector.

SK Hynix ranked first among foreign net-bought stocks.

Foreign investors net bought 527.2 billion KRW worth of SK Hynix shares, while net selling 26.4 billion KRW worth of Samsung Electronics.

Institutions net bought 635.9 billion KRW of Samsung Electronics and 158.6 billion KRW of SK Hynix.

(Photo: Yonhap News)

※ Please note: This article was translated by AI and may contain errors.
Copyright Ⓒ SBS & SBSi. All rights reserved.
Copying, redistribution, and unauthorized use in AI training are strictly prohibited.
AD
AD
AD
AD