[Featured Stock] SK Hynix Intra-day Rise of Over 4%
[Asia Economy Reporter Minji Lee] SK Hynix is showing an intraday rise of over 4%.
As of 9:48 AM on the 19th, SK Hynix was trading at 131,000 KRW, up 3.97% intraday. Foreign investors purchased about 370,000 shares in the market.
Hot Picks Today
"Do We Need to Panic Buy Again?" War Drives 30% Price Surge... Even the Bedroom Feels the Impact
- "Suspicious Timing?"...Trump Traded Stocks After Praising Wartime Capabilities
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- "Contact Me First If Houses Are Built": Wealthy Clients Eyeing... Will Ultra-High-End Residences Worth 20 Billion Won Be Developed? [Real Estate AtoZ]
Due to the semiconductor supply shortage, the continued rise in DRAM prices has strengthened expectations that NAND prices will increase more rapidly, which is analyzed to have had a positive impact on the stock price. Yoojun Choi, a researcher at Shinhan Financial Investment, said, “Samsung Electronics and SK Hynix have first-quarter NAND big growth guidance of 10% and 5%, respectively,” adding, “An increase in volume means that inventory depletion will soon stop the price decline, leading to a rebound as early as the second quarter and a strong rise in the third quarter.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
