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Seoul shares open lower on large-cap losses

By 윤민식

Published : July 1, 2013 - 09:42

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South Korean stocks got off to a weak start Monday, dented by losses in top-listed firms, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.98 points, or 0.43 percent to 1,855.34 in the first 15 minutes of trading.

Leading carmaker Hyundai Motor fell more than 1 percent, with steelmaker POSCO dropping 1.2 percent. Tech giant Samsung Electronics traded flat.

The local currency was trading at 1,143.20 won against the U.S. dollar as of 9:15 a.m., down 1.05 won from Friday's close. (Yonhap News)

Seoul shares open lower on large-cap losses

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