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S. Korean shares open flat amid lack of events

All News 09:25 July 27, 2016

SEOUL, July 27 (Yonhap) -- South Korean shares opened almost unchanged Wednesday, as investors sat on the sidelines waiting for market-moving events.

The benchmark Korea Composite Stock Price Index (KOSPI) inched down 0.25 point, or 0.01 percent, to 2,027.09 in the first 15 minutes of trading.

Most large caps traded mixed with market kingpin Samsung Electronics inching down 0.59 percent. Global chipmaker SK hynix rose 2.65 percent.

Top automaker Hyundai Motor edged down 0.74 percent, and its smaller affiliate Kia Motors also inched down 0.46 percent.

The local currency was trading at 1,134.70 won against the U.S. dollar, up 0.20 won from the previous session's close.


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