Thursday, December 15, 2011

Seoul shares open lower led by refiners

SEOUL (Dec 15): Seoul shares opened 1.2 percent lower on Thursday, with buying appetite weak amid rising risk aversion and after the euro fell to an 11-month low against the dollar, driving Italy's borrowing costs to a euro-era high.

Falls were led by refiners, with S-Oil tumbling 5.2 percent and SK Innovation dropping 4.7 percent.

The Korea Composite Stock Price Index was down 1.29 percent at 1,833.77 points as of 0003 GMT. - Reuters

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