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Samsung group stocks surge beyond Samsung Electronics

Samsung group shares are rising broadly alongside Samsung Electronics, with the market citing strong earnings and a recovery in investor sentiment as Middle East war risk eases. Samsung Electronics rose 3.08 percent on April 16, while Samsung Electro-Mechanics and Samsung SDI also gained. Samsung Electronics reported record quarterly revenue and operating profit in preliminary first-quarter results. Since the start of the year, several affiliates have posted triple-digit gains, lifting the group’s combined market value.