Seoul shares rise; On Media jumps on CJ buyout news

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SEOUL | Wed Dec 23, 2009 7:08pm EST

SEOUL Dec 24 (Reuters) - Seoul shares opened slightly higher on Thursday with tech exporters fueling gains, while shares in On Media 045710.KS jumped after CJ O Shopping (035760.KQ) said it has bought a majority stake in cable channel operator.

The Korea Composite Stock Price Index .KS11 (KOSPI) was up 0.10 percent at 1,662.94 points as of 0005 GMT.

(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)

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