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Seoul stocks open lower on foreign selling

All News 09:25 August 10, 2018

SEOUL, Aug. 10 (Yonhap) -- South Korean stocks opened lower Friday as foreign investors offloaded large-cap shares.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 4.55 points, or 0.2 percent, to stand at 2,296.9 in the first 15 minutes of trading.

Most large caps traded in negative terrain, with market kingpin Samsung Electronics moving down 2.11 percent and global chipmaker SK hynix dropping 2.18 percent.

Bio shares, such as Celltrion, surrendered 0.18 percent, and Samsung Biologics lost 0.76 percent.

The local currency was trading at 1,124.4 won against the U.S. dollar, down 7.2 won from the previous session's close.


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