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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: South Korean stocks pare gains as investors turn cautious ahead of Chuseok break

United States South Korea Samsung SK Hynix

South Korean shares gave up most of their early gains on Wednesday as investors turned cautious ahead of a two-day market holiday, even as strong overnight performance by US technology stocks supported chipmakers.

The benchmark KOSPI was up 11.26 points, or 0.16%, at 7,029.17 as of 0214 GMT, according to Reuters. The index had gained nearly 2% earlier in the session.

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