Electronic signboards at a Hana Bank in central Seoul show Kospi and won-dollar exchange rate on Monday. [YONHAP] Stocks closed down for the third consecutive day on Monday, largely due to a flop in tech companies. The benchmark Kospi shed 20.39 points, or 0.79 percent, to close at 2,570.87. Trading volume was moderate at 613.21 million shares worth 9.83 trillion won ($7.38 billion), with losers outpacing gainers 601 to 288. The index opened lower as U.S. shares closed mixed Friday, and had extended losses further.

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