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Korean stocks started weaker Wednesday following losses from carmakers and steelmakers.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 7.06 points, or 0.36 percent, to 1,979.35 in the first 15 minutes of trading.
Carmakers kicked off bearish, with No. 1 Hyundai Motor falling 1.05 percent and its sister Kia Motors moving down 0.95 percent. Top auto parts maker Hyundai Mobis shed 0.58 percent.
Leading steelmaker POSCO shed 1.96 percent and Hyundai Steel moved down 2.3 percent. Korea Zinc shed 2.02 percent.
The local currency was trading at 1,149.60 won against the U.S. dollar, down 9.40 won from the previous session. (Yonhap)
The benchmark Korea Composite Stock Price Index (KOSPI) shed 7.06 points, or 0.36 percent, to 1,979.35 in the first 15 minutes of trading.
Carmakers kicked off bearish, with No. 1 Hyundai Motor falling 1.05 percent and its sister Kia Motors moving down 0.95 percent. Top auto parts maker Hyundai Mobis shed 0.58 percent.
Leading steelmaker POSCO shed 1.96 percent and Hyundai Steel moved down 2.3 percent. Korea Zinc shed 2.02 percent.
The local currency was trading at 1,149.60 won against the U.S. dollar, down 9.40 won from the previous session. (Yonhap)
