Seoul shares open sharply higher 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, shot up 10.16 percent and Samsung Electro-Mechanics, an electronics component affiliate of Samsung Electronics, shot up 13.18 percent. 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 shares opened sharply higher Thursday, led by gains in major chipmakers, tracking an overnight gains in US technology stocks.
Furthermore, Market bellwether Samsung Electronics increased 5.19 percent, while its chipmaking rival SK hynix jumped 7.71 percent. Overnight, US stocks tied to the artificial intelligence technology sector rose.
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In contrast, the Dow Jones Industrial Average edged down 0.04 percent.
reliability moderate2/2 sourcesSK Square, the parent of SK hynix, shot up 10.16 percent and Samsung Electro-Mechanics, an electronics component affiliate of Samsung Electronics, shot up 13.18 percent.
reliability moderate2/2 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 shares opened sharply higher Thursday, led by gains in major chipmakers, tracking an overnight gains in US technology stocks.
reliability moderate2/2 sourcesMarket bellwether Samsung Electronics increased 5.19 percent, while its chipmaking rival SK hynix jumped 7.71 percent.
reliability moderate2/2 sourcesOvernight, US stocks tied to the artificial intelligence technology sector rose.
reliability moderate2/2 sources
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