SEOUL Dec 18 Seoul shares opened higher on
Tuesday after U.S. President Barack Obama met with top
Republican John Boehner, giving investors hope for a resolution
to U.S. fiscal negotiations and driving the Standard & Poor's
500 index to a near two-month high.
Shares in Korean Air Lines were up 3.8 percent
after it abandoned its bid for a stake in Korea Aerospace
Industries (KAI). But shares in KAI fell 4.3 percent.
The Korea Composite Stock Price Index (KOSPI) was up
0.4 percent at 1,990.29 points at 0004 GMT.
(Reporting by Somang Yang; Editing by Edwina Gibbs)