CORRECTED - CORRECTED-Nikkei sets longest losing streak in half century

(Corrects historical comparison in third paragraph)

(Adds comment, stocks, detail)

By Aiko Hayashi

TOKYO, July 3 (Reuters) - The Nikkei share average dipped 0.2 percent on Thursday to set its longest losing streak in more than half a century as worries about high oil prices and the global economy hit exporters such as Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz).

Commodity-linked stocks such as trading house Mitsubishi Corp (8058.T: Quote, Profile, Research, Stock Buzz) fell after their recent bullish runs, even though oil hit a fresh record on Thursday, with U.S. crude CLc1 rising as high as $144.44 a barrel.

The Nikkei fell for an 11th day, giving up 8.2 percent during that period, and booked the longest losing streak since a 15-day losing streak in 1954.

Still market participants appeared rather calm on this historical milestone.

"Things are getting increasingly gloomy because of the impact from high oil prices as indicated by U.S. car sales data, but not every investor is pessimistic even after a 10-day losing streak," said Soichiro Monji, chief strategist at the equity management department of Daiwa SB Investments.

He said money appeared to be shifting from commodity-related shares to domestic demand ones on the view that commodity prices have risen to a near peak, adding oil prices may break below $100 a barrel by the end of this year.