Samsung Electronics shares rise for first time in four days

October 12, 2016 8:14 PM EDT

The logo of Samsung Electronics is seen at company's headquarters in Seoul, South Korea, October 11, 2016. REUTERS/Kim Hong-Ji


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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)



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