Samsung Electronics, SK Hynix Market Value Falls About 2,261 Trillion Won From June 22

Samsung Electronics and SK Hynix lost about 2,261 trillion won in combined market value between June 22 and Nov. 6, as South Korea’s benchmark KOSPI retreated from its record close.

By Nov. 6, Samsung’s common shares had a market value of about 1,071 trillion won, down 996 trillion won, or 48.18%, from June 22. SK Hynix was valued at about 815 trillion won, a decline of 1,265 trillion won, or 60.81%.

Together, the two semiconductor companies’ market value fell from 4,147 trillion won on June 22 to 1,886 trillion won, a 54.52% decrease. Their combined share of the KOSPI’s total market value dropped from 55.7% to 46.5% over the same comparison.

The KOSPI reached a record closing high of 9,114.55 on June 22 and later fell below 5,000 at one point.