SK Hynix Hits Record High of 2.5 Million Won; Samsung Electronics Also Closes Higher

SK Hynix surged nearly 6% today (June 17), closing regular trading at over 2.5 million won per share for the first time in its history.

In the KOSPI market today, SK Hynix closed at 2,521,000 won, up 5.84% from the previous trading session.

Starting the day at 2,335,000 won, down 1.97%, SK Hynix soon turned to positive territory and steadily expanded its gains, with the upward momentum accelerating in the afternoon.

The stock reached an intraday high of 2,523,000 won, breaking its previous all-time high of 2,407,000 won recorded on June 2.

Samsung Electronics, which also started the day lower at 332,000 won, down 3.21%, turned to gains in the afternoon and finished at 346,500 won, up 1.02% from the previous session.

While the domestic market showed weakness early in the day following a decline in U.S. semiconductor stocks overnight—which gave back the previous day's gains—analysts suggest that the influx of bargain hunting may have shifted the market direction.

In the case of SK Hynix, some media reports suggesting the company is pursuing a shareholder return program worth 100 trillion won may have also influenced the stock price increase.

However, SK Hynix clarified in a public disclosure the previous day that "nothing specific has been reviewed" regarding such plans.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.