Seoul shares down 1.24% as Samsung disappoints on shareholder returns

What happened: South Korean shares fell 1.24 percent after Samsung Electronics' third-quarter earnings slightly missed expectations and the company gave no update on its shareholder-return plan. Key numbers: KOSPI lost 74.78 points to 5,937.66. Samsung operating profit 107.44 trillion won, up 783.1 percent, revenue 195.25 trillion won, up 126.9 percent. Why it matters: An analyst said investor sentiment weakened because no detailed shareholder-return plan was presented, and Samsung's undetailed returns were estimated at 55 trillion won to 75 trillion won. Coverage: 3 outlets in 24h

South Korean shares fell 1.24 percent after Samsung Electronics' third-quarter earnings slightly missed expectations and the company gave no update on its shareholder-return plan.

An analyst said investor sentiment weakened because no detailed shareholder-return plan was presented, and Samsung's undetailed returns were estimated at 55 trillion won to 75 trillion won.