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2024

South Korean shares start week lower ahead of BOK rate decision, Powell's speech

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South Korean stocks fell on Monday ahead of key monetary policy updates from the U.S. Federal Reserve and Bank of Korea. The KOSPI index dropped 0.44%, led by losses in major chipmakers such as Samsung Electronics and SK Hynix. Foreign investors sold shares worth 174.7 billion won, while certain e-commerce and biopharmaceutical stocks showed gains.