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SKorean shares higher in early trade on bargain hunting, oil pullback

09-Jul-2008
Story Timeline:  95 days

SEOUL (Thomson Financial) - South Korean shares were higher in early trade on Wednesday as investors sought bargains after the KOSPI fell to a 15-month low on Tuesday, with sentiment buoyed by a pullback in oil prices. At 0026 GMT, the KOSPI was up 18.86 points or 1.2 percent at 1,552.33 after closing at 1,533.47 on Tuesday, its weakest closing level since Apr. 20, 2007, when it hit 1,533.08. Crude prices tumbled $5.33 to settle at $136.04 a barrel on the New York Mercantile Exchange on Tuesday, bringing oil's two-day drop to more than $9 and sending Wall Street... [read full story]                    

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Latest article on this story:

SKorean shares higher in early trade on bargain hunting, oil pullback - UPDATE

finanznachrichten.de 09-Jul-2008
First article on this story:

SKorean shares higher in early trade on bargain hunting, oil pullback - UPDATE

finanznachrichten.de 09-Jul-2008
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