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KOSPI opens down more than 2 percent; KOSDAQ down 1 percent

South Korean stocks extend the previous session's decline in early trading on March 13, with the KOSPI falling more than 2 percent and the KOSDAQ down nearly 1 percent. The benchmark KOSPI opens sharply lower and remains in negative territory. Retail investors are net buyers, while foreign and institutional investors sell. Major large-cap shares such as Samsung Electronics and SK Hynix fall, and the won strengthens slightly against the dollar.