Samsung Electronics shares down as prosecution seeks arrest of Samsung chief

Last Updated: Wed, Feb 15, 2017 11:22 hrs
Samsung Group chief, Jay Y. Lee, leaves after attending a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul

Seoul: Samsung Electronics <005930.KS> shares fell for a fourth consecutive session on Wednesday, after South Korean special prosecutors said they would seek a warrant to arrest Samsung Group chief Jay Y. Lee as part of a corruption probe.

Samsung Electronics shares declined by as much as 1.3 percent to 1.854 million won ($1,624.32) each in early trade on Wednesday, their lowest level since Jan. 23.

($1 = 1,141.4000 won)

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