Seoul shares fall by noon on earnings, Kookmin down

Newswire

(Updates to noon) SEOUL, April 28 (Reuters) - Seoul shares shed half a percent by midday on Thursday, as Hyundai Motor slipped after its operating profit fell more than expected, while Kookmin Bank slumped on plans to sell $1.23 billion in treasury stocks. With investors' focus squarely on earnings, a near 5 percent drop in U.S. crude oil prices overnight and stronger-than-expected domestic factory output data had little positive impact on sentiment. SK Telecom Co. , South Korea's top ...

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