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000660.KS
SK Hynix (000660)
1.79M
+0.56% (+10.00K)
Market read
A broad decline hit the index and its two largest chipmakers together, pointing to a market-wide move rather than a company-specific issue. SK Hynix's drop erases some of the ground it has gained on AI memory demand optimism.
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South Korea's KOSPI fell 4.00% intraday to 6,560.35 points, with SK Hynix down 4.5% and Samsung Electronics down about 4%.
A broad decline hit the index and its two largest chipmakers together, pointing to a market-wide move rather than a company-specific issue. SK Hynix's drop erases some of the ground it has gained on AI memory demand optimism.
Jin10·09/02, 12:05 PM
Low impactSouth Korea's KOSPI index fell 4.00% intraday to 6,560.35 points, with Samsung Electronics down about 4% and SK Hynix down 4.5%.
Jin10·09/02, 09:20 AM
Low impactSouth Korea's KOSPI fell more than 3% on Wednesday as escalating US-Iran conflict pushed bond yields higher, with Samsung Electronics, SK Hynix and LG Energy Solution down over 3%, Hyundai and Kia down over 5%, and foreign investors net selling about 890.2 billion won (about $649.8 million) of stocks.
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