Samsung Electronics shares rise for first time in four days

13 Oct, 2016 9:00 am

SEOUL – Samsung Electronics Co Ltd (005930.KS) shares opened up 1 percent on Thursday, rebounding for the first time after three straight days of falls following its decision to permanently end sales of its fire-prone Galaxy Note 7 smartphones.

Samsung shares were trading up 1.3 percent as of 0007 GMT, outperforming the main bourse .KS11 which was largely unchanged from its previous closing level. -Reuters





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