Samsung Electronics has successfully turned around its midday performance, showing strength in the market. SK Hynix is also experiencing a rise of over 1%.
According to the Korea Exchange, as of 1:42 PM, Samsung Electronics is trading at 280,750 won, up 10,250 won (3.79%) from the previous trading day.
Samsung began the day at 270,500 won and initially faced weakness, dropping to as low as 262,000 won. However, buying interest surged, allowing the stock to recover, reaching a high of 288,500 won during the session. It has since slightly retraced but is maintaining above the 280,000 won mark.
SK Hynix is also up 20,000 won (1.10%), trading at 1,839,000 won. The stock opened at 1,827,000 won and fell to 1,731,000 won during the day but reversed course as individual investors stepped in to buy.
As both semiconductor giants rebound, the KOSPI index, which had been under pressure, has regained the 7,500 level and is expanding its gains.
However, analysts caution that the potential for increased market volatility remains. Seo Sang-young, a researcher at Mirae Asset Securities, noted, "The Korean stock market has seen a significant reduction in index declines due to aggressive net buying by individual investors, but overall global market volatility is unavoidable."
* This article has been translated by AI.
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