Leading semiconductor stocks showed strong performance in early trading, with SK Hynix touching 290,000 won during the session and Samsung Electronics recovering the 60,000 won level.


As of 9:07 a.m. on June 25, SK Hynix was trading at 288,000 won, up 9,500 won (3.41%) from the previous day. During the session, the stock rose as high as 291,500 won, once again setting a new record high. Samsung Electronics also climbed 0.66%, reaching 61,000 won during the session before pulling back.



This is interpreted as being influenced by the strong performance of the Philadelphia Semiconductor Index (up 3.8%) led by Micron (up 4.8%) in the U.S. stock market the previous day. The market is expected to focus on Micron’s earnings announcement, which is seen as a barometer for the semiconductor industry. Micron will announce its results for the third quarter of this year (March to May) on June 25 (local time).

[Market Focus] SK Hynix Touches 290,000 Won Intraday... Samsung Electronics Recovers "60,000 Won Level" View original image


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