Samsung Electronics Shares Rise 9.01% Ahead of Earnings Release
Samsung Electronics shares closed at 242,000 on October 28, up 9.01%, ahead of Thursday’s detailed earnings release and cash-return details.
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Samsung Electronics shares closed at 242,000 on October 28, up 9.01%, ahead of Thursday’s detailed earnings release and cash-return details.
PepsiCo said it cut its profit outlook. The update is a factual company guidance change but appears as part of a broader market wrap rather than a standalone breaking release.
South Korean shares declined on Wednesday, with the KOSPI down 0.62% as investors adopted a cautious stance ahead of Samsung Electronics' earnings report, which is expected to show a significant jump in profit due to AI demand. Foreigners were net sellers of shares.