SK Hynix shares turned higher by 4% in a midday update, helping South Korea’s KOSPI recover from a 4% opening loss to a 0.08% gain. The company’s U.S.-listed shares were up 5.5% in after-hours trading at $138.95, BlockBeats reported.
KOSPI reverses an early slide
The report tied the index’s move into positive territory to the rebound in chipmaker SK Hynix. The figures describe market conditions at the time of the update and can change as trading continues.
U.S. listing rises after hours
SK Hynix’s U.S. shares also advanced after the regular session, extending the cross-market move in the company’s stock.