Seoul shares fall but Samsung Card shines in debut

Newswire

(Updates to close) By Kim Yeon-hee SEOUL, June 27 (Reuters) - Seoul shares dropped 0.9 percent on Wednesday for a fourth consecutive loss as foreign investors continued locking into gains in technology and financial stocks. But Samsung Card Co. Ltd. , South Korea's second-largest credit card firm, gained 28 percent in its trading debut to end at 61,200 won, versus its IPO price of 48,000 won. The downbeat wider market pulled the stock off its session high of 63,200 won, coupled with ...

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