Monday, July 30, 2012

Reuters: Global Markets: Samsung Electronics shares jump more than 4 percent, hit two-and-a-half-month highs

Reuters: Global Markets
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Samsung Electronics shares jump more than 4 percent, hit two-and-a-half-month highs
Jul 31st 2012, 05:33

SEOUL | Tue Jul 31, 2012 1:33am EDT

SEOUL (Reuters) - Shares in Samsung Electronics (005930.KS), the world's top technology firm by revenue, jumped more than 4 percent on Tuesday afternoon, along with the wider market's .KS11 gain, on buying by foreign investors, hitting their highest levels in about two-and-a-half months.

Samsung, which reported a record quarterly profit on Friday, was poised for its fourth consecutive day of stock-market gains.

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