News / Korea / yonhap_finance
Samsung Electronics and SK Hynix Rally on US Rate Cut Hopes
Electronic Technology · Semiconductors · yonhap_finance · 2026-09-04
000660, 005930
Shares of Samsung Electronics and SK Hynix climbed 2-3% as dovish comments from a Fed official boosted investor sentiment and drove foreign and institutional buying.
What Happened
US Market Influence: Major US stock indices rallied following dovish remarks from a Federal Reserve official, which eased concerns regarding further interest rate hikes. This favorable external environment provided a significant boost to investor sentiment in the domestic semiconductor sector.
Stock Performance: Samsung Electronics closed 2.20% higher at 255,500 KRW, while SK Hynix surged 3.20% to finish at 1,647,000 KRW. SK Hynix, in particular, saw strong buying pressure, with its share price jumping over 5% during intraday trading.
Supply and Demand: Foreign and institutional investors were net buyers in the KOSPI market, purchasing 503.4 billion KRW and 1.67 trillion KRW worth of shares, respectively. SK Hynix emerged as the top stock for foreign net buying, underscoring strong investor appetite.
Share Buyback Impact: Corporate entities have become a key market force, recording over 1.5 trillion KRW in net buying within the electronics sector. This activity, fueled by share buyback programs from Samsung Electronics and SK Hynix, continues to serve as a critical pillar of support for the market.
Read original
More in Electronic Technology
Electronic Technology · yonhap_finance · 2026-09-04
SKC is injecting 281 billion KRW into its subsidiary Absolics to fast-track the commercialization of next-generation glass substrates for semiconductors.
011790
Electronic Technology · economic_daily · 2026-09-04
Foundry giant UMC reported an August revenue of NT$25.04 billion, marking a 5.04% monthly increase and a 30.71% year-over-year gain, driven by robust demand.
2303
Electronic Technology · economic_daily · 2026-09-04
Taiwan's stock market rebounded strongly on Friday, with institutional investors net buying over NT$62 billion, led by gains in AI and passive component sectors.
00631, 00685, 2308, 2317, 2324, 2327, 2330, 2356, 2382, 2408, 2409, 2454, 2472, 2478, 2492, 3026, 3037, 3090, 3231, 3624, 3711, 6173, 6669, 8042
Latest in Korea
Electronic Technology · yonhap_finance · 2026-09-04
SKC is injecting 281 billion KRW into its subsidiary Absolics to fast-track the commercialization of next-generation glass substrates for semiconductors.
011790
Finance · yonhap_finance · 2026-09-04
A summary of the KOSPI 200 index options market data for September 2026, including opening prices, closing prices, and trading volumes as of the 4th.
Finance · yonhap_finance · 2026-09-04
A summary of KOSPI 200 index futures market data as of 3:45 PM on the 4th, covering key maturity dates and trading volumes.
Finance · yonhap_finance · 2026-09-04
A summary of the market prices and trading volumes for individual stock futures based on the top 100 companies by market cap as of the 4th.