Global Family Site

AJP Briefing

news highlight
KOSPI slides as Samsung earnings fall short of expectations
KOSPI slides as Samsung earnings fall short of expectations SEOUL, October 29 (AJP) - Samsung Electronics posted its highest-ever quarterly profit on Thursday, yet its shares fell 4.1 percent. The decline suggested that investors are increasingly focused on shareholder returns rather than record earnings in South Korea's chip sector. The country's benchmark KOSPI fell 1.24 percent or 74.78 points, to 5,937.66, as institutional investors sold a net 457.9 billion won (US$342.9 million) worth of shares. Samsung Electronics closed at 232,000 won, w October 29, 2026