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Seoul stocks start lower, tracking Wall Street

All News 09:29 December 06, 2017

SEOUL, Dec. 6 (Yonhap) -- South Korean shares opened weak Wednesday as investors took cues from overnight declines on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) slipped 5.95 points, or 0.24 percent, to 2,504.17 in the first 15 minutes of trading.

Most large caps traded lower, with market kingpin Samsung Electronics falling 0.35 percent.

Top automaker Hyundai Motor declined 0.62 percent, and top steelmaker POSCO dropped 1.3 percent.

The local currency was trading at 1,088.50 won against the U.S. dollar, down 2.7 won from the previous session's close.

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