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Seoul shares down 1 pct, Samsung Elec falls
September 26, 2012 / 12:20 AM / 5 years ago

Seoul shares down 1 pct, Samsung Elec falls

SEOUL, Sept 26 (Reuters) - Seoul shares fell to a two-week low early on Wednesday as investors refrained from building positions due to a lack of positive catalysts while waiting for a possible bailout for debt-laden Spain.

Market heavyweight Samsung Electronics was down 1.5 percent in early trading, after falling as much as 1 percent during the previous session on reports that competitor Apple Inc sold over 5 million iPhone 5 smartphones since last Friday’s release.

The Korea Composite Stock Price Index (KOSPI) fell 1.05 percent to 1,970.56 points at 0004 GMT.

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