[Featured Stock] SK Hynix Declines Amid Foreign and Institutional 'Sell-Off'

SK Hynix continued its downward trend on the afternoon of the 18th. It is interpreted that investor sentiment has weakened due to the 'selling' by foreigners and institutions.

At 3:19 PM on the same day, SK Hynix was trading at 171,700 KRW, down 3.65% (6,500 KRW) from the previous day. Foreigners and institutions are net selling 14.858 billion KRW and 42.334 billion KRW, respectively.

SK Hynix slid from 192,600 KRW to 173,000 KRW over four consecutive trading days from the 11th to the 14th. Although it rebounded in the previous trading day to recover to 178,200 KRW, the stock price is sliding again due to weak supply and demand on this day.