SK Hynix Record, SMIC Rally, ONGC Muted
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix rises as much as 6.6% to a record, boosting the Korean equity benchmark Kospi higher, on continued optimism over the firm’s upcoming ADRs listing.
- Chinese artificial intelligence-related stocks including Semiconductor Manufacturing International Corp. jumped, with sentiment boosted by a more supportive policy tone from Beijing and ongoing global demand for the technology.
- Asian energy shares may rise, tracking a gain in oil, after US President Donald Trump threatened strikes on Iran if Hezbollah keeps attacking Israel, raising concerns about progress for peace talks between Washington and Tehran.
See omnystudio.com/listener for privacy information.
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