[Featured Stocks] Samjeon and Knicks, overcoming the previous day’s plunge, rising in the 2-3% range in early trading

Samsung Electronics [005930] and SK Hynix [000660] are overcoming the shock of daily sharp declines and are showing gains in the 2-3% range in the early trading on the 14th.

On this day, in the stock market, Samsung Electronics is trading at 239,500 won, up 3.23% from the previous price as of 9:14 am.

At the same time, SK Hynix is ​​being sold at 1,478,000 won, up 2.43% from the previous price.

Samsung Electronics and SK Hynix plunged 7.39% and 10.09%, respectively, the previous day, and it appears that there is an influx of counter-buys due to the perception that the decline was excessive.

Last night, the New York stock market's three major stock indices (Dow -0.35%, S&P 500 -0.02%, NASDAQ -0.15%) fell together, but the decline appeared to narrow in the latter half of the session.

This is the result of John Williams, President of the Federal Reserve Bank of New York, saying that one additional interest rate increase this year may be appropriate, but that no further increase next year is necessary, which has increased downward pressure on U.S. Treasury yields.

In the semiconductor industry, memory and storage companies such as Micron (3.62%), SK Hynix American Depository Receipt (ADR·-3.19%), and Western Digital (-1.61%) fell, but artificial intelligence (AI) semiconductors such as NVIDIA (+0.97%) rose.

Accordingly, the Philadelphia Semiconductor Index fell only 0.23%.

Meanwhile, as of this time, foreigners alone are net buying 59 billion won in the stock market. Individuals and institutions are net selling 73.4 billion won and 14.2 billion won.

In the KOSPI electrical and electronics industry, which includes Samsung Electronics and SK Hynix, foreigners and institutions have a buying advantage of KRW 21.8 billion and KRW 11.7 billion, while individuals have a selling advantage of KRW 60.4 billion. Other corporations are making net purchases of 27.3 billion won in KOSPI Electric & Electronics.