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Seoul stocks start lower on lower oil prices

All Headlines 09:18 February 07, 2017

SEOUL, Feb. 7 (Yonhap) -- South Korean shares opened weak Tuesday as the sentiment of investors was subdued by a fall in oil prices.

The benchmark Korea Composite Stock Price Index (KOSPI) slipped 1.58 points, or 0.08 percent, to 2,076.08 in the first 15 minutes of trading.

Most large caps traded mixed with market kingpin Samsung Electronics falling 0.66 percent.

Top automaker Hyundai Motor rose 1.47 percent, while top steelmaker POSCO declined 0.95 percent.

Naver, the operator of the country's top Internet portal, shed 0.51 percent.

The local currency was trading at 1,136.85 won against the U.S. dollar, up 1.05 won from the previous session's close.

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