{
  "id": 17027847,
  "title": "(2nd LD) Seoul shares down 1.24 pct as Samsung disappoints on shareholder returns",
  "url": "https://urgent.news/2026/10/29/2nd-ld-seoul-shares-down-1-24-pct-as-samsung-disappoints-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T07:34:40.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261029009452320"
  },
  "original_language": "en",
  "account": "South Korean stocks slipped 1.24% on Thursday, with Samsung Electronics failing to meet earnings expectations and offering no details on its shareholder-return plan. The Korean won strengthened against the US dollar. The Korea Composite Stock Price Index (KOSPI) fell 74.78 points to 5,937.66 following a preliminary rise to 6,100.11 the previous day. Investors were also affected by a lack of information about Samsung's plan to return value to shareholders. Despite robust demand for AI-driven chips, Samsung reported a record third-quarter operating profit of 107.44 trillion won, a 783.1% increase from the previous year. However, the company's lack of transparency regarding its shareholder-return plan disappointed investors, leading to a significant drop in the benchmark KOSPI index.",
  "summary": "SEOUL, Oct. 29 (Yonhap) -- South Korean shares dropped 1.24 percent Thursday fol...",
  "key_points": [
    "Seoul shares down 1.24% on Thursday",
    "Samsung Electronics misses earnings expectations",
    "Korean won strengthens against US dollar"
  ],
  "editors_take": "Samsung's failure to provide clarity on shareholder returns undermines investor confidence in the benchmark index despite the company achieving record operating profits driven by high demand for AI-related chips.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}