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Stocks open nearly flat on global uncertainties

All Headlines 09:22 June 08, 2017

SEOUL, June 8 (Yonhap) -- South Korean stocks opened nearly flat Thursday as investors took a wait-and-see stance on global events, including the upcoming policy meeting of the European Central Bank.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 1.18 points, or 0.05 percent, to 2,358.96 in the first 15 minutes of trading.

Tech shares were among the winners, with Samsung Electronics rising 0.31 percent and LG Electronics advancing 0.94 percent. LG Display moved up 2.68 percent.

Builders traded lower, with Hyundai Engineering & Construction falling 0.65 percent and Daelim Industrial decreasing 0.77 percent.

The local currency was trading at 1,126.70 won against the U.S. dollar, down 2.70 won from the previous session's close.

colin@yna.co.kr
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