Seoul shares sharply up for 4th day on chip rally
In contrast, the Dow Jones Industrial Average edged down 0.04 percent
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Summary
In contrast, the Dow Jones Industrial Average edged down 0.04 percent. SK Square, the parent of SK hynix, jumped 9.08 percent to 1.12 million won, and Samsung Electro-Mechanics, an electronics component affiliate of Samsung Electronics, shot up 12.58 percent to 1.5 million won. Semiconductor heavyweight Samsung Electronics shot up 4.89 percent to 268,000 won per share and its rival SK hynix gained 5.91 percent to 1.59 million won, both extending the winning streak for three straight sessions.
Furthermore, LG Energy Solution went up 1.95 percent to 365,500 won, and No. 1 automaker Hyundai Motor increased 2.1 percent to 418,500 won. An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Thursday. (Yonhap) South Korean stocks ended sharply higher for the fourth straight session on Thursday as investors scooped up major chipmakers. After opening 2.96 percent higher, the KOSPI further added gains as foreigners and institutions scooped up major chip heavyweights for four consecutive sessions.
In addition, Trade volume was moderate at 416 million shares worth 34.45 trillion won ($24.22 billion) trading hands, with losers outnumbering gainers 532 to 332. Seoul shares sharply up for 4th day on chip rally.
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In contrast, the Dow Jones Industrial Average edged down 0.04 percent.
reliability low1/2 sourcesSK Square, the parent of SK hynix, jumped 9.08 percent to 1.12 million won, and Samsung Electro-Mechanics, an electronics component affiliate of Samsung Electronics, shot up 12.58 percent to 1.5 million won.
reliability low1/2 sourcesSemiconductor heavyweight Samsung Electronics shot up 4.89 percent to 268,000 won per share and its rival SK hynix gained 5.91 percent to 1.59 million won, both extending the winning streak for three straight sessions.
reliability low1/2 sourcesLG Energy Solution went up 1.95 percent to 365,500 won, and No. 1 automaker Hyundai Motor increased 2.1 percent to 418,500 won.
reliability low1/2 sourcesAn electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Thursday. (Yonhap) South Korean stocks ended sharply higher for the fourth straight session on Thursday as investors scooped up major chipmakers.
reliability low1/2 sourcesAfter opening 2.96 percent higher, the KOSPI further added gains as foreigners and institutions scooped up major chip heavyweights for four consecutive sessions.
reliability low1/2 sourcesTrade volume was moderate at 416 million shares worth 34.45 trillion won ($24.22 billion) trading hands, with losers outnumbering gainers 532 to 332.
reliability low1/2 sourcesSeoul shares sharply up for 4th day on chip rally.
reliability low1/2 sources
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