EL7.AI
StocksMedium•3 November 2026•
1 min read

Samsung and SK Hynix Shares Plunge 5% on Institutional Selling

Key Facts

1Samsung Electronics shares dropped 4.91% to 217,750 won in early trading.
2SK Hynix shares declined 5.37% as foreign and institutional investors net sold 321.9 billion won.

Samsung Electronics shares dropped 4.91% to 217,750 won in early trading on November 3, 2026. SBS News reported that SK Hynix shares declined 5.37% as foreign and institutional investors net sold 321.9 billion won, following a broader sell-off in U.S. tech stocks driven by concerns over AI investment profitability.

SKHY closed at $147.71 on November 2, 2026, while SMSN.L closed at $4,098 on October 30, 2026. The downturn follows heavy selling activity from major brokerages including Merrill Lynch and JPMorgan, despite recent data showing South Korean exports grew by 93.7% year-on-year on November 1, 2026.

Market attention remains on the U.S. Midterm Elections scheduled for November 3, 2026, which may impact future AI infrastructure regulations. Additionally, the JOLTs Job Openings report is due for release later today.

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