Seoul shares open 0.25 pct lower on institutional sell-offs

SEOUL, Feb. 12 (Yonhap) -- South Korean stocks got off to a weak start on Friday
as institutional investors reduced holdings of technology and financial shares,
analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 3.92 points, or 0.25
percent, to 1,593.89 in the first 15 minutes of trading.
Technology and financial issues traded in negative territory with market
heavyweight Samsung Electronics falling 0.52 percent and the state-run Industrial
Bank of Korea sliding more than 1 percent.
The local currency was trading at 1,154.65 won to the greenback as of 9:15 a.m.,
up 2.15 won from Thursday's close.
ylee@yna.co.kr
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