Seoul shares may dip on US rate outlook, firmer oil

Newswire

SEOUL, March 24 (Reuters) - South Korean shares are set to fall on Friday, led by exporters such as Hyundai Motor Co. tracking lower U.S. stocks amid continued worries about rising U.S. interest rates and surging oil prices. However, lenders may extend gains from Thursday's session after Kookmin Bank's agreement to buy smaller rival Korea Exchange Bank (KEB) was seen signalling the start of consolidation in the country's lending sector. "Nobody wants to buy stocks very strongly these ...

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