[Edaily Reporter PARK MIN ] SamsungElectroMechanics(009150)is trading higher in early trading on the 5th, buoyed by the “semiconductor stock rally” on the New York Stock Exchange overnight.
According to MP Doctor on the 5th, SamsungElectroMechanics is trading at 1,323,000 won as of 9:45 a.m., up 11.65% from the previous close. It is recording the highest rate of increase among the top market-cap stocks.
SamsungElectronics(005930)is trading at 249,500 won, up 3.96% from the previous trading day, while SK hynix(000660)is continuing its upward trend at 1,688,000 won, up 7.04%.
This is interpreted as buying momentum flowing into domestic semiconductor stocks following the strong performance of semiconductor stocks on the New York Stock Exchange overnight. On the 4th (local time), the Dow Jones Industrial Average rose 1.7%, the S&P 500 Index rose 1.8%, and the Nasdaq Index rose 2.6%.
Micron jumped 7.6%, buoyed by reports from Taiwanese IT media suggesting that its 2027 memory supply could sell out ahead of schedule. Palantir soared 29.5% on strong earnings, and Caterpillar also rose 5.6% due to increased demand for equipment driven by the expansion of data center construction.