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Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

Seoul shares turn lower after starting higher

By 윤민식

Published : Oct. 30, 2013 - 09:32

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South Korean stocks turned lower after starting off higher on Wednesday, dented by bearish auto and IT service blue-chips, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 3.12 points, or 0.15 percent, to 2,048.64 in the first 15 minutes of trading.

Hyundai Motor, the world's fifth-largest automaker, and its affiliate Hyundai Mobis dropped 1.5 percent and nearly 2 percent each. NAVER, Korea's top Internet portal provider, sank almost 3 percent.

The local currency was trading at 1,062.25 won against the U.S. dollar as of 9:15 a.m., down 1.55 won from Tuesday's close. (Yonhap News)

Seoul shares turn lower after starting higher

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