SK Hynix Shares Fall 11.1% at Seoul Close
SK Hynix shares fell 11.1% by the October 15 Seoul close. Business Insider cited investor concerns about AI investment returns and higher financing costs.
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Memory Stocks Lose $1.09 Trillion as Chip Shares Slide
Six major memory and storage makers have lost about $1.09 trillion in combined market value since Oct. 2. SK Hynix fell 11.1% on Thursday, while Micron dropped 4.4% and SanDisk 6.6% in U.S. trading.
SK Hynix Slides 11.06% as Kospi Falls 7.57% and Trading Halts
SK Hynix shares fell 11.06% during Thursday’s Asian session, while the Kospi dropped 7.57% and the Korea Exchange halted trading for 20 minutes. Samsung Electronics lost 9.48%.
SK Hynix Shares Fall 11.42% in Seoul as Chip Selloff Deepens
SK Hynix shares fell 11.42% to KRW 1,257,000 in Seoul, while Samsung Electronics dropped 8.84% and South Korea’s KOSPI fell 7.81%. SK Hynix’s Nasdaq-listed ADRs fell 3.96% to $141.71 in extended trading after closing down 6.06% Wednesday.
South Korean shares post biggest fall in two weeks as chipmakers drop
KOSPI falls, foreigners net sellers Korean won weakens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Sept 28 (Reuters) — Round-up of South Korean financial markets: * South Korean shares fell more than 2% on Monday in catch-up trading following a holiday break, post
South Korean shares fall more than 2% as chipmakers drop
SEOUL, Sept 28 (Reuters) — Round-up of South Korean financial markets: * South Korean shares fell more than 2% on Monday as chipmakers dropped amid worries about high bond yields, in catch-up trading following a holiday break. * The benchmark KOSPI was down 150.83 points, or 2.13%, at 6,930.09 as of 0122 GMT, after a f
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
MNI EUROPEAN OPEN: Oil Pullback Continues
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
South Korea shares gain over 1% led by chipmakers
South Korean shares rose more than 1% on Monday, with chipmakers leading the gains after upbeat domestic export data and a rally in US semiconductor stocks. The benchmark KOSPI ended up 1.65% at 7,007.72. Samsung Electronics rose 4.98% and SK Hynix gained 0.59%. South Korea's exports for the first 20 days of September
South Korean shares rise as chipmakers track US peers
KOSPI rises, foreigners net buyers Korean won weakens against dollar South Korea benchmark bond yield falls SEOUL, Sept 18 (Reuters) — Round-up of South Korean financial markets: * South Korean shares rose sharply on Friday, as chipmakers tracked overnight gains in US peers, while investors kept an eye on the Bank of J
Samsung's Record Memory Profit Sparks A 7% Selloff: Is A Stock At 5 Times Earnings A Rare Buy?
Samsung Electronics Co., Ltd. (OTC: SSNLF ) just delivered the most profitable quarter in the company’s history, but Asian investors responded by dumping the stock nearly 7% in Seoul. First-quarter revenue reached 133.87 trillion won (about $90 billion) and operating profit hit 57.23 trillion won (about $38 billion), b