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Seoul shares hit 7-mth low after Fed comments
June 20, 2013 / 12:17 AM / in 4 years

Seoul shares hit 7-mth low after Fed comments

SEOUL, June 20 (Reuters) - Seoul shares hit a 7-month low in early Thursday trade, tracking falls on Wall Street after U.S. Federal Reserve Chairman Ben Bernanke signaled a likely pullback in stimulus measures later this year.

Falls were led by key market heavyweights, with Samsung Electronics, the biggest component of the main KOSPI, sliding 2 percent.

The Korea Composite Stock Price Index was down 1.3 percent at 1,863.60 points as of 0003 GMT, after falling as low as 1,862.96 points, the lowest level since mid-November, 2012. (Reporting by Jungyoun Park; Editing by Richard Pullin)

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