Seoul shares edge lower; Korean Air, Hyundai fall

Newswire

SEOUL, March 28 (Reuters) - Seoul shares fell 0.2 percent on Wednesday, as fuel-reliant stocks such as Korean Air were hit by a surge in oil prices, while exporters fell after weak U.S. consumer confidence data raised worries over a key export market. The benchmark Korea Composite Stock Price Index (KOSPI) was down 0.18 percent to 1,450.55 points by 0004 GMT. Carrier Korean Air Co. fell 1.06 percent to 37,250 won, while Hyundai Motor Co. fell 0.3 percent to 66,100 won.

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