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South Korean shares, won subdued, Samsung group shares fall

South Korean shares

Most South Korean shares and the won showed subdued movement early on Friday, but Samsung group shares fell, some sharply, after Samsung Electronics Co Ltd said it was difficult to adopt a holding company structure at this time.

Samsung Electronics dropped over one per cent, while Samsung C&T Corp and Samsung SDS Co Ltd both plummeted by more than 8 per cent.

In the broader market investors were waiting to see whether US President Donald Trump rally his party to push through a healthcare bill.

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Paul

The author Paul