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South Korean share prices opened lower on Friday as large cap shares started bearish on foreign selling.
Analysts said sentiment was down on foreign net selling, which stood at over 60 billion won ($52.4 million) this morning.
Bluechips like Samsung Electronics, Hyundai Motor and POSCO were losing ground in early-morning trading. KB Financial, however, opened higher on reports that it was picked as the preferred bidder for a controlling stake in Hyundai Securities.
(khnews@heraldcorp.com)
