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Samsung Electronics and SK Hynix Combined Market Cap Rebounds Above 2,000 Trillion Won
10 hour ago /
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Author：小编
On November 10, Yonhap News Agency reported that Samsung Electronics closed up 4.74% at 198,900 won, while SK Hynix closed up 6.69% at 1,212,000 won. Both stocks rose for a second consecutive trading day, posting cumulative weekly gains of 5.40% and 7.06%, respectively. The combined market capitalization of the two companies climbed back above 2,000 trillion won after three trading days. Market analysts attributed the rally to the broad surge in technology stocks on the U.S. New York stock market overnight and the sharp decline in international oil prices, which together boosted investor sentiment.
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