Finance

Samsung group stocks surge beyond Samsung Electronics

Samsung group shares are rising broadly alongside Samsung Electronics, with the market citing strong earnings and a recovery in investor sentiment as Middle East war risk eases. Samsung Electronics rose 3.08 percent on April 16, while Samsung Electro-Mechanics and Samsung SDI also gained. Samsung Electronics reported record quarterly revenue and operating profit in preliminary first-quarter results. Since the start of the year, several affiliates have posted triple-digit gains, lifting the group’s combined market value.

Finance

Shinhan Investment customers sell Nvidia, buy SK hynix in RIA accounts

Shinhan Investment Corp said on Tuesday that an analysis of trades by customers who opened its RIA accounts, launched on March 23, showed a clear shift of funds. Customers took profits in overseas AI and big tech shares and moved money into South Korean large-cap blue chips and index-tracking ETFs. Nvidia had the highest share of overseas stock sales, while SK hynix and Samsung Electronics led domestic purchases.