Samsung Elec shares make solid opening after stock split
ReutersTrading in Samsung Elec shares surges after stock splitBy Joyce LeeSEOUL, May four (Reuters) - Shares in Samsung Electronics Co Ltd dipped slightly on Friday however trading activity surged after a 50:1 stock split aimed at making it easier for retail Businessmen to purchas into the South Korean tech giant. "I purchased ten shares in Samsung Electronics. As of 0120 GMT, turnover for Samsung shares amounted to 1.08 trillion beat ($1.00 billion), accounting for 27 % of the major board's KOSPI total turnover. Once known as the "emperor stock" for its high price, South Korean media renamed the shares the "people's stock" after the split. Samsung Electronics accounted for around twenty % of the major KOSPI index's market capitalisation as of early Friday.Trading in Samsung Electronics shares surges after stock split
As it stated in SEOUL (Reuters) - Shares in Samsung Electronics Co Ltd (005930.KS) dipped slightly on Friday however trading activity surged after a 50:1 stock split aimed at making it easier for retail Businessmen to purchas into the South Korean tech giant. "I purchased ten shares in Samsung Electronics. The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-JiOnce known as the "emperor stock" for its high price, South Korean media renamed the shares the "people's stock" after the split. Samsung Electronics accounted for around twenty % of the major KOSPI .KS11 index's market capitalization as of early Friday.collected by :Molly Tony
Post a Comment