Amid ongoing global economic uncertainty and heightened market volatility, South Korean manufacturer Samsung SDI has opted to adjust the terms for its new share offering. Previously announced at 169,200 KRW per share, the price has now been reduced to 146,200 KRW (approximately US$98.41), marking a 14% decrease. With this move, the company aims to raise 2 trillion KRW (roughly US$1.4 billion), with the final pricing slated for confirmation on May 19. This decision reflects the evolving landscape of global finance, where factors such as tariff policies continue to influence corporate initiatives and investor sentiment.
Recent trading sessions in India have witnessed a partial recovery of early gains amid heightened global concerns over trade policies. Despite an initial intra-day rise, caution prevailed as investors absorbed mixed economic data and the anticipation of new tariff measures, notably affecting key market players.