samsung electronics, sk hynix, kospi market share gap lowest in 13 years

Samsung Electronics and SK Hynix's mixed stock prices have narrowed the gap between the two companies' market capitalization share in the securities market to the smallest level in 13 years.

According to the Korea Exchange, as of the 25th, the market capitalization of Samsung Electronics' common stock was 333.71 trillion won, accounting for 15.85% of the total market capitalization of KOSPI, and SK Hynix's market capitalization was 146.328 trillion won, with the KOSPI accounting for 6.95%.

As a result, the difference in the share of KOSPI's market capitalization between the two companies was 8.90%p, the smallest in 13 years and 3 months since 8.84%p on July 18, 2011.

Samsung Electronics' stock price continued to remain weak due to delayed approval of quality tests to deliver 5th generation high bandwidth memory products to Nvidia and third-quarter earnings shock, while SK Hynix completed 5th generation high bandwidth memory supply to Nvidia and posted a strong third-quarter performance.

The difference in market capitalization between the two companies has also narrowed to 187.382 trillion won, the lowest level in five years and nine months since January 8, 2019.