Samsung Electronics shares down as prosecution seeks arrest of Samsung chief

SEOUL (Reuters) - 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)
(Reporting by Hyunjoo Jin; Editing by Richard Pullin)
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Feb 15 2017 | 5:50 AM IST
