News / Korea / yonhap_finance
Samsung and SK Hynix Rebound from Early Losses on Share Buyback Momentum
Electronic Technology · Semiconductors · yonhap_finance · 2026-09-01
000660, 005930
Samsung Electronics and SK Hynix successfully reversed early session losses to close higher, bolstered by significant share buyback activities.
What Happened
Market Performance: Samsung Electronics and SK Hynix both opened lower due to negative sentiment from U.S. markets and rising oil prices, but managed to recover by the end of the session. Samsung closed up 0.38% at 261,000 KRW, while SK Hynix gained 1.14% to finish at 1,693,000 KRW.
Drivers of Growth: The recovery was largely attributed to aggressive share buyback programs that provided a floor for the stock prices. Positive momentum from U.S. semiconductor peers, such as Micron and Nvidia, also helped improve investor sentiment in the domestic market.
Trading Activity: While retail, foreign, and institutional investors were net sellers, the 'other corporate' investor category stepped in with massive net buying of over 1.6 trillion KRW. SK Hynix notably emerged as the top stock for foreign net buying, contrasting with the selling pressure seen in Samsung Electronics.
Market Outlook: The 'weak start, strong finish' pattern highlighted the resilience of major semiconductor stocks. Despite broad selling from major institutional players, the strategic share buybacks proved to be a critical factor in stabilizing the market and driving the late-day rebound.