SK Hynix Up 2% and Samsung Electronics Up 3% as Asian Markets Open Higher

KOSPI opens 1.2% higher with SK Hynix up 2% on Q2 profit news and Samsung Electronics up 3%, while Nikkei 225 rises 0.18%.

Woofun AI reports that the South Korean KOSPI index opened 1.2% higher, driven by semiconductor sector gains. SK Hynix shares rose 2% following an announcement of increased second-quarter operating profit, despite figures falling short of market expectations. Samsung Electronics climbed 3% in early trading.

Meanwhile, the Japanese Nikkei 225 index opened 0.18% higher.