Samsung Electronics shares rise for first time in four days

Reuters News
Posted: Oct 12, 2016 8:14 PM

SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> shares opened up 1 percent on Thursday, rebounding for the first time after three straight days of falls following its decision to permanently end sales of its fire-prone Galaxy Note 7 smartphones.

Samsung shares were trading up 1.3 percent as of 0007 GMT, outperforming the main bourse <.KS11> which was largely unchanged from its previous closing level.

(Reporting by Christine Kim; Editing by Stephen Coates)