[Featured Stock] SK Hynix Rebounds After 7 Trading Days... Surges Over 5% Intraday
[Asia Economy Reporter Minji Lee] SK Hynix rebounded after 7 trading days, showing an intraday increase of over 5%.
At 2:14 PM on the 2nd, SK Hynix was trading at 92,300 KRW, up 5% from the previous session, on the KOSPI market. The stock price rose as high as 93,100 KRW during the session.
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SK Hynix recorded 87,900 KRW on the 28th of last month, down 17% from the year’s high of 105,000 KRW due to the impact of the novel coronavirus (COVID-19), but it is analyzed that the stock price recovered to the 90,000 KRW range as institutional buying increased. Currently, foreign investors have been net sellers for 6 consecutive trading days.
This content was produced with the assistance of AI translation services.
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