S Korea: Stocks drop as worries over earnings prompt profit-booking

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Shares of Hanjin Kal, parent company of Korean Air Lines, extended gains after the company's heiress issued a statement opposing her brother.The trading volume during the session in the KOSPI index was 296.51 million shares and, of the total traded issues of 906, the number of advancing shares was 326.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.18 per cent, after US stocks posted record closing highs. Japanese stocks fell 0.08 per cent.

 

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