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Kioxia Shares Rise 16% in Biggest One-Day Gain in Nearly 12 Weeks

Samsung Electronics gained 9.5%, SK Hynix rose 10% and the KOSPI advanced 6.6%.

By Enna Lee
Published
A memory chip tilted upward on a matte silver surface / TokenPost.ai
A memory chip tilted upward on a matte silver surface / TokenPost.ai

Shares of Japanese storage maker Kioxia rose 16% on Wednesday, Oct. 28. It was the company’s largest one-session gain in nearly 12 weeks.

South Korean stocks also advanced. Samsung Electronics climbed 9.5%, SK Hynix rose 10% and the KOSPI gained 6.6%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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