SK Hynix hits a new all-time high... surpassing 720,000 KRW driven by individual net buying

SK Hynix recorded a gain of over 4% on January 6th on the Korea Exchange, closing above 700,000 KRW for the first time. The stock hit a new all-time high during trading, reflecting investors’ bullish expectations for semiconductor stocks.

On that day, SK Hynix closed at 726,000 KRW, up 4.31% from the previous day. Although it briefly fell to 671,000 KRW in early trading, the stock quickly recovered and turned positive in the afternoon. Around 2:19 PM, the stock price reached 727,000 KRW, setting a new record high.

Samsung Electronics showed a similar trend. Despite a dip at the opening, it successfully turned positive in the afternoon and closed at 138,900 KRW, up 0.58% from the previous day. Market analysts interpret that although both companies experienced early weakness, strong net buying by individual investors led the rebound.

Undoubtedly, individual investors are leading the market. Foreign investors and institutional investors net sold 630.6 billion KRW and 68.9 billion KRW respectively to realize profits, while individual investors net bought 597.6 billion KRW, demonstrating active buying even during the decline. Notably, foreign investors sold 14.05 trillion KRW in the electrical and electronic sector, which includes Samsung Electronics and SK Hynix, while individual investors bought over this amount, totaling 14.58 trillion KRW in the same sector.

The Korea Composite Stock Price Index (KOSPI) closed at 4,525.48 points, up 67.96 points (1.52%) from the previous day. Market analysts believe that expectations for a soft landing of the economy and an improving global semiconductor industry outlook have positively influenced investor sentiment.

This trend confirms that as the memory semiconductor market gradually enters a recovery phase, the performance improvement expectations centered on SK Hynix remain solid. However, if the scale of selling by foreign and institutional investors continues to grow, short-term volatility may increase. Therefore, the future strategies of individual investors could remain a key factor influencing stock price movements.