Hyundai Motor and LG Electronics rally for a month on robot optimism; Samsung Electro-Mechanics 11% higher, market cap 100trillion threshold surpassed
Hyundai Motor and LG Electronics shares have been rising for a month on optimism about robots. Samsung Electro-Mechanics, buoyed by expectations for AI server components, 11% higher, taking its market capitalization above 100trillion won, while the won-dollar exchange rate opened at 1,504.7won.
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Hyundai Motor and LG Electronics shares have remained strong for a month as expectations related to robots grow. Industry sources said expectations were spreading that robots nearing practical use would soon be deployed in the field. The share-price movements of both companies are being watched alongside movements in the robotics theme.
New York stocks opened higher on hopes for a U.S.-Iran agreement to end the war. 22The improvement in investor sentiment toward global risk assets was reflected across the broader market. Some improvement in risk appetite was also observed in the cryptocurrency market.
Samsung Electro-Mechanics rose 11% on expectations for supplies of AI server components. Its market capitalization thereby surpassed 100trillion won, and the company recorded a record high. Securities firms announced a series of increases to their price targets for Samsung Electro-Mechanics.
The won–U.S. dollar exchange rate 22early in the session 1,504.7opened at won. Compared with the previous day, 1.4it was down won. Exchange-rate movements are reported as an indicator influenced by external factors and investor sentiment.
Bitcoin, amid expectations for U.S.-Iran negotiations and other factors, 21rose slightly that day. Cryptocurrency prices are reacting sensitively to changes in global risk-asset sentiment. A gradual upward trend continued that day, without any major fluctuations.
The market identified demand for AI and robots, geopolitical factors, and exchange-rate movements as key points to watch that day. Individual stocks appeared to reflect directly expectations for AI components and robot adoption. Further disclosures and earnings announcements were cited as factors that could determine the market’s future direction.