Samsung Electronics and SK hynix surge in premarket trading by 9%, while AI equipment and materials and construction stocks gain
After Trump said that a ceasefire agreement with Iran was imminent, Samsung Electronics and SK hynix rose by 9% in premarket trading. AI equipment and materials stocks and construction stocks also strengthened, partly changing the market-cap rankings on KOSDAQ.
The U.S. president said that a ceasefire agreement with Iran was imminent. Following the remarks, Samsung Electronics and SK hynix rose by 9% in premarket trading. Volatility in large-cap semiconductor stocks increased in premarket trading.
Among domestic AI equipment and materials-related stocks, HPSP and Wonik IPS each hit the daily upper limit. These companies supply equipment and components related to artificial intelligence. Buying interest flowed into the equipment and materials sector as a whole.
Construction stocks also surged. Buying interest in construction stocks strengthened as expectations for a ceasefire between the United States and Iran and the potential benefits of reconstruction in the Middle East came into focus. The movement in construction stocks was relatively pronounced in the market.
Sam Chun Dang Pharm was pushed outside the top 10market-cap rankings. A surge in materials, parts and equipment companies drove changes in market-cap rankings. The market-cap rankings changed over a short period.
Some in the market also recommended reducing the weighting of large technology stocks. Some analyses cited increased short-term volatility as the reason. Investor interest led to portfolio rebalancing.
Pre-market and early-session trading fluctuated much more sharply than usual. Multiple moves were observed across large semiconductor companies, materials, parts and equipment companies, and the construction sector. Whether the same trend will continue through the market close that day must be confirmed through trading trends disclosed later.