Blue wave stock rotation sinks Asian chipmakers, boosts autos
Heavyweight memory-chip makers Samsung Electronics Co. and SK Hynix Inc. sank more than 5% each Thursday, pulling down South Korea’s benchmark Kospi more than 3%. Meanwhile, automakers including Toyota Motor Corp. and Honda Motor Co. rose around 5% each.
Heavyweight memory-chip makers Samsung Electronics Co. and SK Hynix Inc. sank more than 5% each Thursday, pulling down South Korea’s benchmark Kospi more than 3%. Meanwhile, automakers including Toyota Motor Corp. and Honda Motor Co. rose around 5% each.
What's Your Reaction?
