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Seoul shares fall after U.S. share loss, data

Tue Jun 30, 2009 8:09pm EDT

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SEOUL, July 1 (Reuters) - Seoul shares opened lower on Wednesday after losses on Wall Street, with weakness in U.S. consumer confidence data weighing on sentiment, but Kumho Electric (001210.KS) rose after news it is studying a stake purchase in a local LED firm.

The Korea Composite Stock Price Index (KOSPI) was down 0.37 percent at 1,384.92 points as of 0007 GMT.

(Reporting by Jungyoun Park; Editing by Ken Wills)



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