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Seoul shares open lower; banks, Daewoo Motor fall

Sun Jun 14, 2009 8:10pm EDT

Stocks

   

SEOUL, June 15 (Reuters) - Seoul shares opened lower on Monday led by banking issues such as KB Financial Group (105560.KS), while Daewoo Motor Sales (004550.KS) sank after rights issuance news.

The Korea Composite Stock Price Index (KOSPI) was down 0.42 percent at 1,422.55 points as of 0006 GMT.

(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)



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