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South Korean stocks opened higher on Thursday, as gains in technology shares offset inflation concerns sparked by high oil prices.
The KOSPI opened up 4.78 points, or 0.07%, at 6,808.68. Technology stocks strengthened after Samsung Electronics announced an estimated third-quarter operating profit of 107 trillion Korean won (approximately $79.8 billion), exceeding market expectations by 1.6%. Overnight, the Dow Jones Industrial Average fell 0.66%.
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