Japan’s Nikkei Gains on Advantest Outlook; Samsung Weighs
The Nikkei gained 0.3% in Thursday morning trading. Advantest’s improved profit forecast supported the index, while Samsung Electronics shares fell despite record earnings.
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03:47:20 AM UTC
SquawkNews
By Sherry QinSamsung Electronics' shares fell despite posting the fourth straight quarter of record earnings as investors were disappointed with its delayed shareholder return plan.Shares of the South Korean memory giant fell 5.4% on Thursday. That came despite reporting a quarterly operating profi…
Japan's Nikkei share average advanced on Thursday on heavyweight chip equipment maker Advantest's improved profit forecast, although South Korea's Samsung Electronics dampened the mood after its shares tumbled despite record earnings.The Nikkei TVC:NI225 ended the morning session with a 0.3% gain t…