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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 stocks start lower on profit-taking

By KH디지털2

Published : July 18, 2016 - 09:25

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Korean shares opened weak Monday as investors opted to cash in part of recent gains.

The benchmark Korea Composite Stock Price Index slipped 0.67 points, or 0.03 percent, to 2,016.59 in the first 15 minutes of trading.

Most large caps traded mixed with market kingpin Samsung Electronics falling 0.33 percent.

Top automaker Hyundai Motor remained flat, and top steelmaker POSCO rose 0.22 percent.

Naver, the operator of the country's top Internet portal, shed 0.14 percent.

The local currency was trading at 1,136.80 won against the U.S. dollar, down 2.9 won from the previous session's close. (Yonhap)

Seoul stocks start lower on profit-taking

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