[Breaking] SK Hynix Plunges 13%... '1.5 Million-Nix' Inevitable, KOSPI Crashes 9.5%

On the morning of the 28th, SK Hynix's stock price fell to the 1.5 million won level. As the broader domestic stock market showed a sharp decline, selling pressure expanded centered on large-cap semiconductor stocks, leading to widening losses.

As of 11:05 a.m. on this day, SK Hynix is trading at 1.58 million won, down 236,000 won (13.00%) from the previous trading day. As the stock dropped to the 1.5 million won range during the session, the term '1.5 Million-Nix' has even emerged in the market.

At the same time, the KOSPI plunged 644.42 points (9.53%) from the previous trading day to 6,111.33, and the KOSDAQ also fell 57.42 points (7.50%) to 707.44, indicating overall weakness in the domestic stock market.

■ Selling Concentrated on Semiconductor Stocks... Investment Sentiment Cools Rapidly

Overnight, the U.S. stock market showed mixed performance due to weakness in the semiconductor sector. With profit-taking selling emerging centered on tech stocks, investment sentiment toward domestic semiconductor stocks is interpreted to have shrunk.

In particular, as risk-asset aversion spread across the domestic stock market on this day, selling by foreign and institutional investors is concentrating on large-cap semiconductor stocks. Large-cap semiconductor names, including Samsung Electronics and SK Hynix, are leading the index lower, causing investment sentiment to cool rapidly.

■ Key Variables for Future Stock Price Direction

Some expect that global stock market volatility, foreign investor supply and demand, and U.S. semiconductor sector trends will determine stock price direction in the short term. Accordingly, attention is focused on whether the decline will narrow and whether the 1.5 million won level will be defended.

[※ This article is not a recommendation for investment, and the responsibility for investment decisions lies with the investor.]