Seoul shares ease as oil, credit worries weigh

Sun Jun 29, 2008 8:07pm EDT
 
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SEOUL, June 30 (Reuters) - Seoul shares opened easier on Monday after oil prices hit yet another record high on Friday, while persistent credit worries further hurt sentiment after a top U.S. brokerage warned of more writedowns by Merrill Lynch.

The Korea Composite Stock Price Index was 0.04 down percent to 1,683.85 points as of 0002 GMT.

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

 

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