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GS Home Shopping Falls After Woori Says Earnings Will Be Below Consensus
GS Home Shopping Inc. fell the most in more than three months in Seoul trading after Woori Investment & Securities Co. said the company’s third-quarter earnings will fall short of analysts’ estimates. The South Korean operator of a cable-television shopping channel and Internet mall lost 3.2 percent to 92,100 won as of 9:18 a.m. on the Korea Exchange, headed for the biggest drop since May 24. The benchmark Kospi stock index rose 0.6 percent.
To contact the reporter on this story: Saeromi Shin in Seoul at sshin15@bloomberg.net
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