Investor sentiment splits between Samsung, SK hynix over outlook

Foreign and domestic retail investors are showing a stark contrast in their semiconductor stock picks, with the former scooping up Samsung Electronics shares this month while the latter have been buying SK hynix, industry officials said Monday. The two firms' stock prices are also moving in opposite directions, with Samsung Electronics rising and SK hynix declining. According to the Korea Exchange, foreign investors purchased a net 1.88 trillion won ($1.4 billion) worth of Samsung Electronics shares from July 1 to 18. That more than doubles the 713 billion won they purchased in all of June. Foreign ownership in Samsung Electronics climbed back above the 50 percent mark to 50.19 percent, reaching that level for the first time since April 24, when it stood at 50 percent. On the other hand, foreign investors offloaded 301 billion won worth of SK hynix shares during the July 1-18 period. Domestic retail investors, meanwhile, showed the opposite trend, snapping up 1.23 trillion won worth of SK hynix shares, while selling 2.31 trillion won worth of Samsung Electronics shares over the same perioWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times