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Name Current Change %Change Open High Low Prev. Value Close US MARKETS NASDAQ 13,037.49 -344.03 -2.57 13511.75 13533.78 13032.17 13381.52 EUROPEAN MARKETS FTSE 7,251.31 -246.87 -3.29 7498.18 7498.18 7243.44 7498.18 CAC 6,451.79 -328.88 -4.85 6496.25 6617.09 6433.51 6780.67 DAX 13,854.52 -776.84 -5.31 13989.41 14221.71 13826.70 14631.36 ASIAN MARKETS SGX Nifty 16,141.00 -109.00 -0.67 17052.50 17115.00 15500.50 17063.00 Nikkei 225 25,970.82 -478.79 -1.81 26281.35 26357.58 25775.64 26449.61 Straits Times 3,276.06 -116.94 -3.45 3351.24 3363.17 3248.93 3393.00 Hang Seng 22,901.56 -758.72 -3.21 23268.03 23376.37 22786.39 23660.28 Taiwan Weighted 17,594.55 -461.18 -2.55 17939.53 17939.53 17561.07 18055.73 KOSPI 2,648.80 -70.73 -2.60 2689.28 2694.55 2642.63 2719.53 SET Composite 1,662.72 -33.73 -1.99 1683.92 1690.50 1656.62 1696.45 Jakarta Composite 6,817.82 -102.24 -1.48 6912.48 6929.91 6758.86 6920.06 Shanghai Composite 3,429.96 -59.19 -1.70 3474.37 3486.98 3400.21 3489.15 11.08.2022 7 MARKETS International Markets Global Indices Trading Date: 10 Aug 2022 Samsung unveils new foldable smartphones SAMSUNG Electronics on Wednesday unveiled its lat- est high-end foldable smartphones, keeping prices at the same level as last year's in a bid to cement its lead- ership in an expanding niche market. The smartphone maker priced its clamshell Galaxy Z Flip4 at $999.99, and the 5G-enabled top-line Galaxy Z Fold4 with a 7.6-inch main screen to start at $1,799.99 in the US. This is the same as the launch prices of last year's models. "We've successfully transformed this category from a radical project to a mainstream device lineup enjoyed by millions worldwide," said TM Roh, president and head of mobile experience at Samsung Electronics. The Galaxy Z Flip4 and Z Fold4, as well as its latest earbuds, Galaxy Buds2 Pro, will be generally available starting August 26 in select places such as the US, parts of Europe and South Korea. Counterpoint Research forecast global shipments of foldable smartphones to grow to 16 million units this year. This is just 1.2% of the 1.36 billion smartphone ship- ments forecast, but a jump from 9 million foldables shipped last year. Although the overall smartphone market is seen shrinking this year as consumers spend less, foldable smartphones are likely to fare better, as their quirky form factor, large screens and portability attract inter- est, analysts said. Samsung held a 62% market share in foldable smart- phones in the first half of 2022, followed by Huawei at 16% and Oppo at 3%. Counterpoint forecast Samsung's share in the second half will be around 80% after the new releases. Samsung said it is aiming for foldable phone sales to surpass that of its past flagship smartphone, Galaxy Note, in the second half. "Foldables have helped Samsung differentiate itself - Apple will be Samsung's key competitor in the future and we expect a foldable to be released from Apple in either 2024 or 2025," said Counterpoint senior analyst Jene Park. Samsung said the latest models make it easier for phone owners to use popular apps such as Instagram and Microsoft's Outlook. Global shipments of foldable smartphones is expected to grow to 16 million units this year