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Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea

Korea Economic Daily LogoKorea Economic Daily2 mo ago

Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea - Korea Economic Daily

Quick Summary:

Foreigners sold 370 billion won in shares of POSCO Holdings Inc., the parent of Korea’s top steelmaker POSCO which owns several battery materials affiliates, in November.POSCO Future M Co.a leading Korean battery materials maker, saw its shares sold as much as 324.5 billion won by foreign investors amid steady price declines of lithium and cathodes – key battery components.

South Korea’s two largest chipmakers, Samsung Electronics Co.and SK Hynix Inc., were among foreign investors’ top picks on the country’s main stock bourse in November, fanning hopes that the anticipated semiconductor industry rebound is just around the corner.

On the Kosdaq market, chip equipment maker HPSP Co.was the most coveted stock among foreigners, who bought 244.5 billion won worth of shares.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-12-04 @ 17:22:34 (2 months ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 720 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 19003988

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 days ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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