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Seoul shares open flat on higher oil

Tue Jul 1, 2008 8:08pm EDT

Stocks

   

SEOUL, July 2 (Reuters) - Seoul shares opened slightly lower on Wednesday after four consecutive losing sessions that dragged the index down 3 percent, with oil's gain overnight weighing on energy price-sensitive issues such as Korean Air Line (003490.KS).

The Korea Composite Stock Price Index was down 0.14 percent to 1,664.11 points as of 0002 GMT.

(Reporting by Park Jung-youn; editing by Jonathan Hopfner)



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