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Seoul shares start lower on profit-taking amid Mideast peace hopes
April 17, 2026
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Posted 1 hour ago by
South Korean stocks opened lower Friday on profit-taking following a recent rally amid optimism over easing tensions in the Middle East. After opening 0.02 percent higher, the benchmark Korea Composite Stock Price Index fell 34.82 points, or 0.56 percent, to 6,191.23 in the first 15 minutes of trading. The index has risen for three consecutive sessions, closing above the 6,200-point mark Thursday for the first time since the outbreak of the US-Iran conflict on Feb.

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The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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