Seoul shares open lower on tech, auto losses

South Korean stocks started a tad lower Monday as big-cap tech and auto stocks traded in negative territory.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.06 points, or 0.28 percent, to 2,540.62 in the first 15 minutes of trading.

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Exports down 7.9 pct during first 10 days of Sept.

South Korea’s exports fell 7.9 percent on-year in the first 10 days of September due to weak shipments of chips and petroleum products, data showed Monday.

The country’s outbound shipments reached US$14.9 billion in the Sept. 1-10 period, compared w…

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S. Korean Bond Yields on Sep. 11, 2023

Today (%) Previous Session(%) Change (BP)

1-year TB 3.607 3.562 +4.5

2-year TB 3.891 3.825 +6.6

3-year TB 3.865 3.795 +7.0

10-year TB 3.961 3.895 +6.6

2-year MSB 3.892 3.829 +6.3

3-year CB (AA-) 4.622 4.552 +7.0

91-day CD None None None

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