Samsung affiliates' shares rise after death of Samsung Elec Chairman Lee

SAMSUNG SDS

26/10/2020 24:02

SEOUL, Oct 26 (Reuters) - Shares in Samsung C&T  028260.KS 
and Samsung Life Insurance  032830.KS  rose 20% and 15%
respectively on Monday morning after Samsung Electronics
 005930.KS  Chairman Lee Kun-hee died on Sunday. 
    Lee, who built Samsung Electronics into a global tech giant,
died on Sunday at 78, leaving potentially thorny succession
issues for his children involving stakes in affiliates such as
Samsung C&T and Samsung Life.  urn:newsml:reuters.com:*:nL1N2HG01W urn:newsml:reuters.com:*:nL1N2HG0AN
    The wider market  .KS11  was up 0.5%. 

 (Reporting by Joyce Lee; Editing by Himani Sarkar)
 ((jungyoon.lee@tr.com; +82 2 6936 1467;))