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South Korea Stocks Open Over 2% Higher, Led by Samsung and SK Hynix
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On September 22, South Korean stocks opened sharply higher, with the KOSPI index rising 2.20% to 7,161.61 points. The rally was led by the so-called 'memory chip duo' Samsung Electronics, which gained over 3%, and SK Hynix, which rose more than 2%. Meanwhile, Japanese stock markets were closed for a three-day holiday stretch from September 21 (Respect for the Aged Day) through September 23 (Autumnal Equinox Day). The report is attributed to market information sources and was edited by Bi Dandan for the International Financial News.
Source report
September 22 — South Korean stocks opened higher today, with the KOSPI index rising 2.20% to 7,161.61 points at the opening bell.
Key movers among South Korea's "memory chip duo":
- Samsung Electronics surged over 3%
- SK Hynix gained more than 2%
As of 8:21 a.m., the KOSPI index was trading up 2.20%.
Japan Markets: The Japanese stock market will be closed for three consecutive days:
- September 21 (Monday) — Respect for the Aged Day
- September 22 (Tuesday) — National Day of Rest
- September 23 (Wednesday) — Autumnal Equinox Day
Source: Market information Editor: Bi Dandan
Source
国际金融报Regional
Part of this Story
South Korea's KOSPI surges past 7,000 as tech stocks rally; Japan markets closed for holidays