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Samsung Electronics Surges 6% on July 29 Amid Bargain Buying, Despite Overnight U.S. Chip Weakness

2026-07-29 00:33:30

Samsung Electronics2.50%

Samsung Electronics rose 6.02% to 233,250 Korean won on July 29, opening higher as bargain hunting followed the previous trading day's decline. The gains stood in contrast to overnight weakness in U.S. semiconductor stocks. Trading at 9:13 a.m. on the KOSPI index, Samsung was up 13,250 won from the prior session close.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

South Korea's KOSPI Rises 1.09% to 6,089.11 on July 29; KOSDAQ Up 1.11%

Mirae Asset Cuts Samsung Electronics Target Price to 370,000 KRW on July 29 Amid 13% Stock Decline

Samsung Electronics, SK Hynix Drop Over 8% on July 26 Amid Global Chip Stock Rout

KOSPI Rises 0.97% to 6755.75 on July 27, Driven by Samsung and SK Hynix Leveraged ETFs

In-Depth Analysis

Mirae Asset Securities Lowers Samsung Electronics Target to 370,000 Won

Lucas Bennett1h ago

Samsung Electronics and SK Hynix Stocks Drop Over 8% on US Chip Weakness

Lucas Bennett19h ago

Foreign Investors Net Buy 5.5 Trillion Won in Korean Stocks After 4-Day Streak

Lucas Bennett07-27 22:08

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