Seoul stocks open down on foreign sell-off

SEOUL, Feb. 13 (Yonhap) -- South Korean stocks started weaker Friday on massive
foreign selling, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) dropped 11.6 points, or
0.98 percent, to 1,168.24 in the first 15 minutes of trading.
Samsung Electronics Co. and Korea Electric Power Corp., a state-run utility
agency, traded sharply lower on a sell-off by foreign investors, who have been on
a selling spree for the last three sessions.
The local currency was trading at 1,402.5 won against the U.S. dollar as of 9:15
a.m., up 1.5 won from Thursday's close.
pbr@yna.co.kr
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