Semiconductor equipment stocks surge, led by Eugene Technology and Wonik IPS
Semiconductor equipment stocks rose sharply in the domestic stock market. Eugene Technology and Wonik IPS approached their daily upper price limits, while securities firms recommended increasing allocations to semiconductors and IT. It was also confirmed that individual investors’ credit balances for semiconductor ETFs had surged.
Semiconductor equipment stocks have surged recently in the domestic stock market. Eugene Technology and Wonik IPS saw their share prices rise to levels approaching the daily upper price limit during the session. Trading value and buying pressure were observed to have concentrated in these stocks.
Korea Investment & Securities recommended increasing allocations to semiconductors and IT. The securities firm forecast that the KOSPI could rise to 1ten thousand1,000. The same report suggested that the KOSPI in 6month could rise to 9,500.
Individual investors’ credit balances surged as large amounts of buying flowed into semiconductor-related ETFs. Increased demand for purchases using leverage was confirmed. In some stocks, buying pressure led by individual investors drove trading activity.
A supplier to SK Siltron, 1a second-tier semiconductor materials and equipment company, has emerged as an M&A target. News of the sale has circulated within the related industry. The news has been classified as supply-chain-related.
SMEC’s chairman and CEO purchased shares of the company on the open market. The company emphasized accelerating growth based on semiconductors and robotics. The management’s open-market purchases were confirmed through a disclosure.
These reports and disclosures highlighted concentrated trading in equipment stocks and related shares. Market attention has turned toward the semiconductor sector. Greater volatility has been observed as a possibility in the short term.