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SK Hynix

Samsung to focus on high-end chips to improve earnings after disappointing results

SEOUL: Samsung Electronics said it would focus on producing high-end chips to improve profitability after reporting...

Published 31 Oct, 2024 09:46am

Markets

South Korean shares track Wall Street lower, set for weekly loss

SEOUL: Round-up of South Korean financial markets: South Korean stocks gain on US Fed comments South Korean shares...

Published 05 Apr, 2024 11:03am

Technology

Samsung to use tech favoured by SK Hynix as AI chip making race heats up

SEOUL: Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as...

Published 22 Mar, 2024 04:57am

Technology

Samsung sees tech devices demand recovering in 2024 after record chip loss

SEOUL: Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a...

Published 31 Jan, 2024 11:08am

World

South Korean president heads to Netherlands to boost semiconductor cooperation

SEOUL: South Korean President Yoon Suk Yeol heads to the Netherlands Monday for a trip he told AFP would focus on...

Published 10 Dec, 2023 12:28pm

Business & Finance

Samsung to cut chip output to ride out downturn; shares rally

SEOUL: Samsung Electronics Co Ltd said on Friday it would make a “meaningful” cut to chip production, following the...

Published 07 Apr, 2023 10:20am

Business & Finance

SK Hynix sees supply chain issues improving in H2, more chip demand

SEOUL: South Korean chipmaker SK Hynix Inc said it expects supply chain issues to gradually improve from the second...

Published 28 Jan, 2022 10:12am

Markets

South Korean stocks end at lowest since Dec 2020 on surging US yields

SEOUL: Round-up of South Korean financial markets: ** South Korean shares on Wednesday closed at their lowest level...

Published 06 Oct, 2021 12:59pm

Markets

South Korean stocks slip for sixth day as chip shares dive

The benchmark KOSPI fell 12.37 points, or 0.38%, to 3,208.25 as of 0631 GMT

Published 12 Aug, 2021 12:06pm

Business & Finance

South Korea's Q2 GDP growth hits decade high but risks loom

The main driver of growth in the second quarter was private consumption and government expenditure, which rose 3.5% and 3.9%, respectively, on-quarter

Published 27 Jul, 2021 10:56am

Markets

South Korean stocks end higher on earnings optimism

For the week, it fell 0.69%, reversing a 1.83% gain marked in the previous week

Published 23 Jul, 2021 01:40pm

Markets

South Korea stocks fall on virus variant woes, firm dollar; focus on US data

In money and debt markets, September futures on three-year treasury bonds fell 0.04 points to 109.93

Published 01 Jul, 2021 12:15pm

Markets

South Korean stocks end near record high on chip boost, foreign buying

The KOSPI closed up 23.20 points, or 0.72%, at 3,247.43, the highest since the record close on May 10 and extending gains to a fifth straight session.

Published 03 Jun, 2021 12:33pm

Markets

South Korean stocks rebound as inflation fears fade, foreigners snap 9-day selling run

In offshore trading, the won was quoted at 1,121.5 per dollar, up 0.2% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,120.9.

Published 25 May, 2021 12:02pm

Markets

S.Korea stocks flat as strong dollar offsets jobs data

Shares of LG Electronics Inc jumped more than 2pc after the company said it will end production and sales of its loss-making smartphone division.

Published 05 Apr, 2021 08:13am

Markets

South Korean shares end higher on Fed view boost

In offshore trading, the won was quoted at 1,123.4, while in non-deliverable forward trading its one-month contract was quoted at 1,123.3.

Published 18 Mar, 2021 12:50pm

Markets

South Korean shares track Wall Street higher on subdued US inflation data

KOSPI's trading volume was 506.92 million shares, with 634 stocks rising out of total 909.

Published 11 Mar, 2021 11:17am

Markets

South Korea stocks tumble over 2% on tech selloff, rising bond yields

In offshore trading, the won was quoted at 1,143.1 per dollar, down 0.2% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,142.9.

Published 09 Mar, 2021 10:33am

Markets

South Korea shares jump on Wall St rally, upbeat trade data

The won was quoted at 1,124.0 per dollar on the onshore settlement platform, 0.04% lower than its previous close at 1,123.5.

Published 02 Mar, 2021 12:16pm

Markets

South Korea shares down near 1% on news Hyundai-Apple car deal is off

In offshore trading, the won was quoted at 1,119.8 per dollar, down 0.3% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,119.6.

Published 08 Feb, 2021 01:11pm

Markets

South Korea stocks hit one-week high boosted by chip shares

Foreigners were net buyers of 139.6 billion won ($125.10 million) worth of shares on the main board.

Published 02 Feb, 2021 02:10pm

Business & Finance

South Korea Jan exports expand for a third month, beating forecasts

Imports increased 3.1% to $44.05 billion, also beating forecasts for a 1.9% increase.

Published 01 Feb, 2021 01:33pm

Markets

SK Hynix expects chip supply shortages in 2021 as Q4 profit surges

The South Korean company, which counts Apple Inc among its customers, reported an operating profit of 966 billion won ($868 million) in October-December, up from a low base of 242 billion won a year earlier.

Published 29 Jan, 2021 11:02am

Markets

South Korea stocks gain over 1.5% as market sees further US stimulus

The won was quoted at 1,101.6 per dollar on the onshore settlement platform, 0.12% higher than its previous close at 1,102.9.

Published 20 Jan, 2021 12:04pm

Markets

South Korea shares end at record high on robust chip outlook

Foreigners were net sellers of 209.2 billion won ($192.45 million) worth of shares on the main board.

Published 05 Jan, 2021 01:10pm

Markets

South Korea stocks pull back from record high, tracking Wall Street

The country's president said the government will take more measures to stabilise the housing market and to support those vulnerable to job insecurity.

Published 05 Jan, 2021 09:59am

Markets

South Korean stocks dip on virus mutation fears, fresh distancing measures

Foreigners were net sellers of 38.9 billion won worth of shares on the main board.

Published 22 Dec, 2020 10:00am

Markets

South Korea stocks fall as domestic infections curb recovery optimism

The benchmark KOSPI fell 1.67 points, or 0.06%, to 2,768.76, as of 0154 GMT, after rising as high as 0.4% in early trade.

Published 18 Dec, 2020 08:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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