Samsung Electronics and SK hynix plunge in pre-market by4%
8On the morning of 8at 5 in the NextTrade pre-market session, Samsung Electronics and SK hynix fell by around 4%, respectively. Weakness among major semiconductor stocks on the New York Stock Exchange coincided with profit-taking after earnings announcements, creating a weak trend even before the domestic market opened.
8On the morning of 8at 5 in the NextTrade pre-market session, Samsung Electronics and SK hynix fell sharply, dampening investor sentiment even before the domestic market opened.
Samsung Electronics is trading in the NextTrade pre-market session at 4.05% below the previous session's close, at 284,000 won.
This is a level down by 12,000 won.
SK hynix was trading 4.32% lower than the previous trading day at 2,106,000won.
The decline amounted to 95,000won.
At 7the major U.S. semiconductor stocks closed broadly lower in the New York stock market. Profit-taking selling emerged as expectations rose following Samsung Electronics' earnings announcement, reportedly contributing to weakness in the domestic pre-market.
The table below shows the percentage changes on 7for major U.S. semiconductor stocks.
| Stock | Change |
|---|---|
| Intel (INTC) | -9.66% |
| Micron (MU) | -4.65% |
| AMD (AMD) | -6.51% |
iShares Semiconductor, a semiconductor exchange-traded fund (ETF), also showed weakness.
Sources: 파이낸셜뉴스 증권
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