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Seoul shares open lower; record oil weighs

Sun Jul 13, 2008 8:06pm EDT

Stocks

   

SEOUL, July 14 (Reuters) - Seoul shares opened 0.3 percent lower on Monday after oil jumped to a new record on Friday, weighing on airlines and carmakers such as Korean Air Line (003490.KS) and Hyundai Motor (005380.KS).

The Korea Composite Stock Price Index was down 0.06 percent to 1,566.54 points as of 0002 GMT.

(Reporting by Park Jung-youn; editing by Keiron Henderson)



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