[Featured Stock] Samsung Electronics Recovers '60,000 Won Level' After 4 Trading Days... SK Hynix Also Up 2%
[Asia Economy Reporter Kwon Jae-hee] Following the strong performance of the semiconductor sector in the US New York stock market the previous day, the leading domestic semiconductor stocks Samsung Electronics and SK Hynix are also showing strength in the early trading session on the 26th.
As of 9:12 AM today, Samsung Electronics is trading at 60,860 KRW, up 1.51% from the previous trading day on the KOSPI market. This marks the first time in four trading days that Samsung Electronics has surpassed 60,000 KRW.
At the same time, SK Hynix is trading at 96,000 KRW, up 2.02%.
On the 25th (local time) in the US New York stock market, Nvidia rose 4.01% despite disappointing Q2 earnings and a downward revision of Q3 guidance.
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Expectations that the semiconductor industry has hit bottom led to gains in Intel (3.04%), AMD (4.80%), and Micron Technology (4.96%), with the Philadelphia Semiconductor Index rising 3.66%.
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