Moon stated that the two nations should act together to overcome the challenges and develop cooperation based on common principles of democracy and economy
Samsung Related Stocks Dips on Monday, Chairman Jay Y. Lee Sent to Prison for 30 Months
Jan 18 2021 · 12:40 UTC | Updated
Jan 18 2021 · 12:49 by Steve Muchoki · 3 min read
Photo: Depositphotos
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Notably, this is not the first time that Lee has been imprisoned by the South Korean justice system.
Stocks related to Samsung Group dipped on Monday after Seoul High Court sentenced Samsung Electronics Co Ltd (KRX: 005930) vice-chairman Jay Y. Lee for 30 months.
According to media outlet CNBC, shares of industry heavyweight Samsung Electronics fell 3.41%. after dipping more than 4% earlier in the session. Also, Samsung C&T’s stock dipped approximately 6.84%. Meanwhile, Samsung Life Insurance, Samsung SDI, and Samsung Heavy Industries dropped approximately 4.96%, 4.21%, and 2.74% respectively.