SEOUL Shares in Samsung Electronics Co Ltd (005930.KS) rose 2.5 percent on Thursday to a new lifetime high of 1.419 million won, propelled by expectations that its mobile business will continue to lead strong profit growth.
The world's biggest smartphone maker with a market capitalisation of around $205 billion, had previously peaked at 1.418 million won per share in May and has climbed more than 30 percent since its recent low hit in early July.
(Reporting by Miyoung Kim; Editing by Matt Driskill)
Trending On Reuters
China, long accused by the United States of rampant cyber aggression, may be synonymous with hacking exploits these days, but that doesn't mean every Chinese hacker is out to pilfer and destroy. Full Article
Nepal tells U.N. to destroy low quality food meant for quake survivors. Full Article