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  1. Samsung Electronics shares open sharply lower as Note 7 woes mount

Samsung Electronics shares open sharply lower as Note 7 woes mount

Samsung Electronics Co Ltd shares opened sharply lower on Tuesday, as the firm's decision to halt sales and exchanges of the Galaxy Note 7 smartphone weighed on sentiment.

By: | Seoul | Updated: October 11, 2016 5:54 AM
A visitor tries out a Samsung Electronics Galaxy Note 7 smartphone at the company's shop in Seoul in Seoul, South Korea. (AP) A visitor tries out a Samsung Electronics Galaxy Note 7 smartphone at the company’s shop in Seoul in Seoul, South Korea. (AP)

Samsung Electronics Co Ltd shares opened sharply lower on Tuesday, as the firm’s decision to halt sales and exchanges of the Galaxy Note 7 smartphone weighed on sentiment.

Samsung shares fell as much as 5 percent to 1.596 million won ($1,431.71), their lowest since Sept. 30. Shares were down 4.2 percent as of 0006 GMT, underperforming the broader market that was down 0.1 percent.

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