Seoul shares open lower

Published : Jan 20, 2016 - 11:04 Updated : Jan 20, 2016 - 11:04

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South Korean share prices opened weaker on Wednesday on account of steep losses in tech and other blue chip stocks.

An investor walks past an electronic board displaying South Korean share prices. (Yonhap)

The benchmark Korea Composite Stock Price Index shed 9.24 points, or 0.49 percent, to 1,880.40 in the first 15 minutes of trading.

The index was trading at 1869.34, down more than 1 percent as of around 10:36 a.m.

Tech shares led the decline, with market heavyweight Samsung Electronics losing 1.88 percent and top chipmaker SK hynix moving down 3.36 percent. LG Electronics shed 1.46 percent.

Carmakers also opened weaker, with No. 1 Hyundai Motor sliding 0.71 percent and Hyundai Mobis stepping down 2.65 percent. Kia Motors lost 0.41 percent.

(khnews@heraldcorp.com)