‘Top Two Semiconductor Companies’ Soar in After-Hours Trading… SamsungElectronics Up 2%, INICS Corporation Up 4%
KOSDAQ Rises, Led by Semiconductor Stocks… WONIK IPS Co.,Ltd. Jumps Over 8%
Whether the 10-Year U.S. Treasury Yield Stabilizes Is a Key Factor in Increasing Allocations
[Edaily Reporter Yang Ji-yun ] Leading semiconductor stocks SamsungElectronics(005930)and SK hynix(000660)closed higher in the Korea Exchange (KRX) after-hours market.
According to MP Doctor on the 16th, SamsungElectronics closed at 253,500 won in after-hours trading—up 5,000 won (2.01%) from the previous trading day—while SK hynix closed at 1,757,000 won, up 67,000 won (3.96%).
Stock prices are displayed in the trading room at Hana Bank’s headquarters in Jung-gu, Seoul, on the 16th. The KOSPI closed at 6,717.97, up 90.71 points (1.37%) from the previous session, marking a return to an upward trend after five trading days. (Photo: Yonhap News)
SamsungElectronics(1P)(005935) SamsungElectroMechanics(009150)rose 7,200 won (3.85%) to 194,300 won, while rose 55,000 won (4.18%) to 1,372,000 won. also closed up 1.70% at 1,017,000 won. SKSQUARE(402340)
HyundaiMotor(005380)fell 1.23% to 362,500 won, while SAMSUNG BIOLOGICS also fell 0.50% to 1,405,000 won. LG Energy Solution(373220)rose 0.27%, KB Financial Group(105560)rose 0.68%, and SAMSUNG C&T CORPORATION(028260)rose 1.30%.
Semiconductor-related stocks also performed strongly on the KOSDAQ market. WONIK IPS Co.,Ltd.(240810)closed at 117,900 won, up 8.76% from the previous trading day, and EO Technics Co., Ltd.(039030)also rose 4.82% to 468,000 won. JUSUNG ENGINEERING Co.,Ltd.(036930)rose 3.99%, LEENO Industrial Inc(058470)rose 2.64%, and SIMMTECH Co., Ltd.(222800)rose 2.95%.
During regular trading that day, the KOSPI closed at 6,717.97, up 90.71 points (1.37%) from the previous trading day, marking a return to positive territory after five trading days. The KOSDAQ index also rose 3.57 points (0.44%) to 815.98.
Some analysts suggest that volatility in domestic semiconductor stocks is increasing as concerns about a slowdown in artificial intelligence (AI) development coincide with rising long-term U.S. interest rates. Noh Dong-gil, an analyst at Shinhan Investment Securities, stated, “It is not yet time to lower semiconductor profit forecasts based solely on discussions about slowing down AI development,” but added, “Nor is it the right time to rush into chase buying simply because demand is strong.” He continued, “Whether the U.S. 10-year Treasury yield stabilizes following this Federal Open Market Committee (FOMC) meeting will be the first condition to consider when deciding whether to increase exposure.”
LGELECTRONICS has unveiled a new premium humidifier and air purifier that uses artificial intelligence (AI) to manage indoor humidity and air quality. It features increased humidification capacity and…
CU’s unique snack, “Truffle Hamon Stick,” ranked first in sales in the snack category at CU this month. According to CU, the convenience store chain operated by BGF Retail(282330), on the 18th, the “T…
LG Uplus(032640), in collaboration with the National Fire Agency, held a meaningful memorial run to honor the noble sacrifices of firefighters who died in the line of duty and to support their bereave…
