June 24, 2013 / 12:17 AM / 4 years ago

Seoul shares open lower as telcos, retailers weigh

SEOUL, June 24 (Reuters) - Seoul shares fell on Monday morning led by declines in telecommunication and retail stocks like SK Telecom Co Ltd and Shinsegae Co Ltd , with continued foreign selling weighing down the index.

A 1.1 percent gain in bellwether Samsung Electronics helped limit the market's losses.

The Korea Composite Stock Price Index (KOSPI) was down 0.5 percent at 1,813.70 points as of 0008 GMT.

Reporting by Jungyoun Park; Editing by Shri Navaratnam

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