[Featured Stock] SK Hynix Rebounds Over 5%... Regains 2nd Place in Market Cap
[Asia Economy Reporter Minwoo Lee] SK Hynix, which had recently experienced sluggish stock performance, surged over 5% to reclaim the second place in market capitalization.
As of 1:30 PM on the 21st, SK Hynix's stock price rose 5.43% from the previous day to 75,700 KRW. This contrasts with the trend since the 13th, when it started at 81,900 KRW and declined for five consecutive days to 71,800 KRW on the 20th.
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With the stock price increase, SK Hynix also regained the second spot in market capitalization rankings. According to the Korea Exchange, as of 1:30 PM, SK Hynix's market cap stood at 59.1866 trillion KRW. LG Chem also rose about 5% that day, recording a market cap of 53.509 trillion KRW and securing third place. Samsung Biologics, which had risen to second place the previous day, was pushed down to fourth with a market cap of 53.1967 trillion KRW at the same time.
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