Thursday, August 18, 2016

Samsung’s shares soared to a record in anticipation of the start of sales of Galaxy Note 7 – Interfax

Moscow. on 18 August. INTERFAX.RU – Shares of Samsung Electronics Co. We went up on the basis of trading on Thursday to a record that has brought us to the level of capitalization of Alibaba Group Holding Ltd. Chinese Internet giants and Tencent Holdings Ltd., the newspaper The Wall Street Journal

The cost of shares of Samsung to the market closing jumped by 4.7% -. to 1640 thousand won ($ 1480).. Thus, the capitalization of the company reached 232 trillion won ($ 210 billion).

The market value of Samsung is currently five times higher compared to the Japanese Sony Corp., however, is still significantly lower than the capitalization of Apple Inc. ., is $ 562 billion

Since the beginning of 2016 the company’s shares rose by 30% thanks to the good finpokazatelyam the Samsung, as well as the expected start of sales of the new smartphone company – Galaxy Note 7

Pre-orders. a smartphone, coming on sale on August 19 reached 350 thousand., according to South Korean media.

The second quarter of 2016 for Samsung has become the most profitable in two years, in particular due to strong sales Galaxy S7 company’s flagship smartphone.

Samsung’s net profit increased by 1.7% in April-June – to 5.85 trillion won, revenues jumped by 4.9% – to 50.9 trillion won. The operating profit of the company division, which produces mobile devices has skyrocketed in the last quarter by 57%.

On the Samsung accounts for about 21% of the market value of the companies included in the calculation of the stock Kospi index.

On Following the auction on Thursday Kospi increased by 0,6%.

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