On Thursday at 2:11 PM (Bangkok time), the share price of Hana Microelectronics Public Company Limited (SET: HANA) rose by 3.75% or THB 0.90 to THB 24.90, with a trading value of THB 1.04 billion.
Krungsri Securities (KSS) wrote that data from the Korea Customs Service (KCS) showed South Korea’s exports surged 55.6% in the first 10 days of March compared to the same period last year.
This increase was driven by record-high demand for semiconductor chips, with exports in the segment climbing 175.9% year-on-year. Krungsri noted this performance provides a positive sentiment for first-quarter results from semiconductor stocks, as well as a favorable outlook for the TAIWAN19 DR and Thai equities, recommending a ‘Trading’ rating for electronic component stocks such as DELTA and HANA.
Notably, additional supportive sentiment also emerged as Mr. Richard David Han, Executive Director of HANA, purchased over 4.3 million shares of the company last week.
