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| HSI1 | 25,116.53 | -177.50 | 243.63B |
| HSCEI1 | 8,456.92 | -47.89 | 82.60B |
| Back Zoom + Zoom - Block Traded | |
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2026-04-02 17:20:32 Amid escalating tensions in Iran, major Asia-Pacific stock markets headed south across the board today (2nd). South Korea's Kospi once plunged 5.6% intraday and closed down 4.5% at 5,234. The country's two major chipmakers, Samsung Electronics and SK hynix, tumbled 5.9% and 7.1%, closing at KRW178,400 and KRW830,000, respectively. Hana Securities released a report today (2nd), raising its forecast for SK hynix's 1Q26 results and lifting its full-year 2026 operating profit forecast to KRW231.7 trillion (approximately USD152.865 billion), representing a sharp 47% uplift from its previous estimate. The broker maintained a Buy rating and raised the TP to KRW1.6 million. Hana Securities explained that the smaller increase in the TP relative to the earnings increment reflects valuation compression among chipmakers in wake of uncertainties surrounding the Middle East situation and interest rates. ~ AASTOCKS Financial News Website: www.aastocks.com | |