Search
Close this search box.
KOSPI 200 Sees Major Gains as SK hynix and Samsung Lead the Surge

Seoul: The KOSPI 200 index recorded significant gains recently, driven by strong performances from key players such as SK hynix and Samsung affiliates. SK hynix surged by 136,000, closing at 1,783,000, while Samsung Electronics and Affiliates (SamsungEandA) increased by 2,150, reaching 48,000. This positive momentum was mirrored by other major companies, contributing to an overall increase in the index.

According to Yonhap News Agency, in addition to SK hynix and SamsungEandA, SK Corporation also experienced a notable rise, climbing by 38,000 to close at 611,000. Samsung C and T showed an impressive increase of 17,000, ending at 384,000. Among other positive performers, Samsung Life rose by 14,500, reaching 312,000.

Other companies contributing to the upward trend included Lotte Shopping and KT, with Lotte Shopping increasing by 4,800 to 112,300, and KT rising by 600 to 54,900. NAVER and Kia Corp. also showed strong performances, with NAVER up by 4,500 to 218,000 and Kia Corp. closing at 128,400 after a rise of 1,900.

Despite the overall positive movement, some companies saw declines. Lotte Wellfood dropped by 6,900 to 138,600, and KT and G decreased by 2,200, closing at 170,300. Other companies like Coway and Hanwha Solutions also faced declines, with Coway down by 1,700 to 97,700 and Hanwha Solutions dropping by 400 to 29,650.

Overall, the KOSPI 200 index's performance reflects a strong market sentiment, with key players driving significant gains despite some declines in specific sectors.

ADVERTISEMENT