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KOSPI slips to 6,700 level despite Samsung Electronics\' 107.4 trillion won operating profit; Kosdaq also weaker

South Korea\'s KOSPI slipped to the 6,700 level in early trade on Oct. 8 despite news that Samsung Electronics\' third-quarter operating profit beat market expectations. The index extended losses as foreigners and institutions were net sellers. Samsung Electronics reported 195 trillion won in quarterly revenue and 107.4 trillion won in operating profit, but its shares fell, while SK Hynix rose. The Kosdaq also declined and the won strengthened against the dollar.