"160,000-won Samsung, 810,000-won Hynix... Still Climbing Today" Both Hit Fresh Record Highs

[Financial News] Samsung Electronics and SK hynix set new all-time highs for the second straight day, hitting record levels in regular trading after already surging in pre-market deals.
As of 9:50 a.m. on the 28th, Samsung Electronics was trading at 162,700 won, up 3,200 won or 2.01% from the previous session. This marks the first time it has reached the so-called "160,000-won Samsung" milestone. At the same time, SK hynix was at 818,000 won, up 19,000 won or 2.25%.
The rally is being attributed to the strong performance of big tech stocks overnight, as the Standard & Poor's 500 Index (S&P 500) on the New York Stock Exchange (NYSE) once again closed at a record high.
Another positive factor appears to be U.S. President Donald Trump leaving room to roll back tariff hikes on Korean products, after he said, "We will work with Korea to come up with a solution" regarding the planned tariff increases.
Meanwhile, the Korea Composite Stock Price Index (KOSPI) was at 5,152.01 as of the same time, up 1.32% from the previous day. The KOSPI opened at 5,145.39, up 1.19% from the prior close, and for the first time ever broke above the 5,100 level during intraday trading.

bng@fnnews.com Hee-sun Kim Reporter