SEOUL: Seoul shares opened lower on Tuesday after posting eight consecutive sessions of gains and following comments from Germany's finance minister that a "definitive solution" to the euro zone's debt crisis was some way off.
Shares in Samsung Life tumbled 6 percent after CJ Group member companies sold 4 million shares in the insurer via a block sale at 85,500 won per share, a discount to the previous day's closing price of 90,000 won.
The Korea Composite Stock Price Index (KOSPI) was down 2.1 percent at 1,826.02 points as of 0006 GMT. ' Reuters
Shares in Samsung Life tumbled 6 percent after CJ Group member companies sold 4 million shares in the insurer via a block sale at 85,500 won per share, a discount to the previous day's closing price of 90,000 won.
The Korea Composite Stock Price Index (KOSPI) was down 2.1 percent at 1,826.02 points as of 0006 GMT. ' Reuters
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