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    HomeNewsWorldInternational ResultsShares of Samsung Electronics extend falls to more than 4%

    Shares of Samsung Electronics extend falls to more than 4%

    Samsung Electronics Co Ltd's shares extended falls to more than 4 percent after its second-quarter earnings estimates released on Friday failed to meet market forecasts.

    July 08, 2013 / 12:38 IST

    Samsung Electronics Co Ltd's shares extended falls to more than 4 percent after its second-quarter earnings estimates released on Friday failed to meet market forecasts, fuelling concerns about growth in its smartphone business.

    Also read: IMF's Lagarde says may trim global growth forecast

    Shares in Samsung Electronics were down 4.3 percent at 1.212 million won as of 0205 GMT, after falling to as low as 1.211 million won earlier in the session, a 10-month intraday low.

     

    first published: Jul 8, 2013 11:12 am

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