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...
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