Deals
Samsung Life Rises After Record Initial Share Sale
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Samsung Life Insurance Co. rose on its first day of trading in Seoul after raising $4.3 billion in South Korea’s biggest initial public offering.
Shares of the nation’s largest life insurer were the most active by value on the Korea Exchange today and climbed 3.6 percent from their IPO price to 114,000 won at the close. The benchmark Kospi stock index fell 0.4 percent.