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SK Hynix Rallies, Largan Tumbles, ICBC Dips
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- The rally in stocks was led by chipmakers Samsung Electronics and SK Hynix on Monday, while foreign investors bought over a net 1.8 trillion won ($1.3 billion) of Korean stocks on the Kospi Index, extending inflows to a third session, according to exchange data.
- Largan shares fall more than 6% after August sales drop 16.2%
- The Ministry of Finance will issue special bonds to recapitalize eight financial institutions, including Industrial & Commercial Bank of China, Agricultural Bank of China and People’s Insurance Company (Group) of China , according to official announcements on Sunday. Tiwa Adebayo
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