SK Hynix Shares Surge Nearly 12% at One Point, Tracking US Tech Rally

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โดย Reuters·Read original
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In the Seoul stock market, shares of semiconductor giant SK Hynix briefly surged nearly 12 percent. The move followed a rally in US tech stocks the previous day after the June US consumer price index came in below expectations. Barclays initiated coverage of the company's American depositary receipts with an overweight rating and a target price of 330 dollars, providing additional support. The ADRs ended trading on the Nasdaq on the 14th up about 28 percent at 193.92 dollars. As of 9:23 a.m. Japan time, the Kospi index was up about 7 percent.

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