Samsung Electronics turns upward and closes strong in the 1% range... SK Hynix also rose 0.4% (comprehensive)

(Seoul = Yonhap News) Reporter Kim Yu-hyang = Domestic semiconductor company 'Two Top', which opened with a sharp decline on the 19th, successfully turned upward and concluded regular trading. It has been rising for two consecutive trading days following the previous trading day.

On this day, in the stock market, Samsung Electronics [005930] closed at 218,000 won, up 1.16% from the previous day.

The stock price started the day with a sharp drop of 3.94% and at one point fell to 206,500 won (-4.18%), but quickly reduced the decline. Afterwards, it repeatedly rose and fell, and eventually took an upward trend.

SK Hynix [000660] closed at 1.277 million won, up 0.39%. Similarly, it started off with a sharp drop in the 4% range and at one point increased to 5%, but then reduced the drop and turned upward.

The two stocks, which had been in a downward trend since the 6th, succeeded in rebounding thanks to a backlash buying trend on the 16th, the last trading day of last week.

Afterwards, over the weekend, the New York stock market closed lower, centered on the artificial intelligence (AI) and semiconductor industries, raising fears that it would plummet again. However, the stock succeeded in maintaining its strength due to the influx of counter-buying due to the perception that the recent decline was excessive.

In the early days of the market, the decline in the two stocks was reduced due to the rise in after-hours futures on the U.S. Nasdaq.

However, as concerns about whether the enormous investment invested in AI will lead to actual profits have not been completely resolved, the extent of the increase appears to be limited.

As of the close of regular trading, institutions recorded a buying advantage of 576 billion won in the securities market. Foreigners and individuals net sold 36.4 billion won and 1.0876 trillion won.

On this day, foreigners, individuals, and institutional investors all ranked SK Hynix among the top net sellers.

The top stock sold net by foreigners was SK Hynix, with net sales worth 217.6 billion won. On the other hand, Samsung Electronics (KRW 172 billion) ranked first among the top net purchases by foreigners.

Individuals and institutions net sold SK Hynix for 142.9 billion won and 244.7 billion won, respectively.