최초입력 2025.06.24 10:57:33
SK hynix shares rallied nearly 7 percent Tuesday morning to approach the 280,000-won mark, setting a new all-time high and helping lead gains in the South Korean stock market.
SK hynix was trading at 278,000 won ($203.44) as of 9:24 a.m., up 7.13 percent from the previous day. The stock had opened 4.05 percent higher and quickly breached 270,000 won for the first time as it continued its strong upward momentum.
Samsung Electronics also climbed 3.97 percent to 60,300 won after touching an intraday high of 60,600 won, up 4.48 percent.
Analysts attributed the broad semiconductor rally to improved investor sentiment following a ceasefire announcement between Israel and Iran, which helped ease geopolitical risks in the Middle East. Additional support came from stronger-than-expected U.S. purchasing managers’ index (PMI) readings in both manufacturing and services, boosting confidence in the global economy.
Adding to the optimism, SK hynix announced plans to build its seventh semiconductor backend processing facility in Cheongju. “With backend processes becoming increasingly important, this facility expansion aims to enhance competitiveness in post-processing,” an SK hynix official said.
Battery stocks also jumped on news of Tesla’s official launch of its robotaxi service. LG Energy Solution rose 3.57 percent to 304,500 won as of 9:21 a.m. while POSCO Holdings gained 3.55 percent, LG Chem added 5.68 percent, and Samsung SDI climbed 5.38 percent.
Battery material suppliers EcoPro BM and EcoPro saw their stock soar 7.96 percent and 7.58 percent respectively on the Kosdaq.
Tesla CEO Elon Musk confirmed the company had successfully launched its fully autonomous robotaxi service, stating on X, “Super congratulations to the Tesla AI software and chip design teams on a successful Robotaxi launch! Culmination of a decade of hard work.” Tesla stock surged over 8 percent in U.S. trading overnight.
SK hynix shares closed at 278,500 won and Samsung Electronics shares closed at 60,500 won, while LG Energy Solution closed at 300,500 won.
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