Seoul shares end lower on record oil, SK drops

Newswire

(Updates to close) By Rafael Nam SEOUL, June 21 (Reuters) - Seoul shares fell on Tuesday for a second day in a row as record oil prices stirred market worries about profits at top manufacturers such as LG Electronics Inc. . Losses were compounded after SK Corp. , South Korea's top oil refiner, fell sharply amid investor fears its second-largest shareholder, Sovereign Asset Management Ltd., might soon sell its stake. The benchmark Korea Composite Stock Price Index (KOSPI) closed down ...

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