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2012-04-16 10:38

Shares open lower on renewed eurozone woes

Korean stocks opened lower Monday on persistent eurozone woes fueled by Spain's renewed debt problems, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 0.93 percent, or 18.60 points, to 1,990.31 in the first 15 minutes of trading.

Market bellwether Samsung Electronics Co. moved up 0.19 percent, with top automaker Hyundai Motor Co. also gaining 0.24 percent in early trading.

The local currency was trading at 1,136.75 won to the greenback as of 9:15 a.m., down 1.95 won from Friday close. (Yonhap)
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  • 3. NK fires short-range missile into sea for 2nd day
  • 4. N. Korea fires projectiles into sea for third day
  • 5. Former cop, once hailed as hero, now faces rape charges
  • 6. Celebrities born with silver spoons
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  • 8. NK defector policy needs fix
  • 9. Camera is Samsung's next cash-cow
  • 10. Bae Sang-moon wins on PGA Tour, becomes third S. Korean champ
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