Samsung Electronics and SK Hynix are both showing strong performance. Following a rebound in U.S. tech stocks, particularly in the semiconductor sector, buying interest has continued in South Korea's major semiconductor firms.
As of 2:10 PM on September 17, Samsung Electronics was trading at 255,000 won, up 1,500 won (0.59%) from the previous trading day.
Samsung started the day at 257,000 won, a 1.38% increase, and briefly rose to 259,000 won, marking a 2.17% gain. Although it later retraced some of its gains, the stock has maintained its upward trend into the afternoon.
At the same time, SK Hynix was trading at 1,763,000 won, up 4,000 won (0.23%) from the previous day. SK Hynix also opened higher, reaching 1,785,000 won during the day, reflecting a 1.48% increase before reducing its gains.
In the U.S. market, stocks closed lower due to the Federal Reserve's interest rate hike and hawkish comments from Fed Chair Kevin Warsh. The Dow Jones Industrial Average fell by 1.21%, while the S&P 500 and Nasdaq Composite dropped by 0.45% and 0.01%, respectively.
However, late in the session, buying interest in tech stocks, particularly semiconductors, helped recover much of the losses. This trend is believed to have influenced investor sentiment towards South Korea's major semiconductor stocks.
* This article has been translated by AI.
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