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STOCKS - SEOUL SHARES OPEN LOWER - AUG 1, 2008.

AsiaPulse News

| August 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Aug 1 Asia Pulse - South Korean stocks started weaker Friday as investor sentiment was dented by overnight falls in U.S. markets following the announcement of weaker economic data, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 11.98 points, or 0.75 per cent, to 1,582.69 in the first 15 minutes of trading.

Most shares got off to a weak start. Chip giant Hynix Semiconductor and top lender Kookmin Bank both lost ground. But a fall in oil prices lifted airline shares with top carrier Korean Air ...

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Source: HighBeam Research, STOCKS - SEOUL SHARES OPEN LOWER - AUG 1, 2008.

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