Seoul shares edge up; LG Elec, Samsung SDI tumble on EU fine
SEOUL Dec 6 (Reuters) - South Korean shares inched up in morning trade on Thursday, buoyed by remarks by U.S. President Barack Obama that a deal to avert a looming fiscal crisis could be possible within a week.
LG Electronics and Samsung SDI slumped more than 3 percent after the European Commision imposed its biggest antitrust fine of 1.47 billion euros ($1.92 billion) on the two Korean firms and four others for running two cartels on cathode ray tubes.
The Korea Composite Stock Price Index (KOSPI) was up 0.11 percent at 1,949.23 points at 0003 GMT. (Reporting by Hyunjoo Jin; Editing by Paul Tait)
- Co-pilot spoke last words heard from missing Malaysian plane |
- U.S., EU impose sanctions after Crimea moves to join Russia |
- Crimeans vote over 90 percent to quit Ukraine for Russia |
- China rejects North Korean crimes report, hits chance of prosecution
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data