Semiconductor-related stocks are rising together after Samsung Electronics announced a surprise third-quarter result.
As of 9:22 a.m. on the 14th, Signetics hit the upper price limit, rising 257 won (29.95%) from the previous session to 1,115 won. TFE is up 14.46%, RF Materials 9.67%, MK Electron 5.75%, and HANMI Semiconductor 4.22%, with semiconductor stocks broadly stronger.
Samsung Electronics disclosed that its third-quarter operating profit on a consolidation basis this year came to 12.1 trillion won, up 31.81% from a year earlier. With Samsung Electronics, the bellwether in semiconductors, reporting strong results that beat the market consensus of 10.1923 trillion won, investor sentiment appears to be flocking to semiconductor-related stocks.
Samsung Electronics touched a record high of 96,000 won that day, and SK hynix also showed a solid early-session trend, reaching 434,500 won.