S.Korea shares to open higher on oil dip, Wall St

Newswire

SEOUL, Aug 30 (Reuters) - Seoul shares are set to open higher on Tuesday, as a dip in oil prices from a record high and gains on Wall Street are expected to help blue chips such as Samsung Electronics rebound from sharp losses a day earlier. South Korean shares hit their lowest close in six weeks on Monday after oil prices surged to a record $70.80 a barrel amid fears Hurricane Katrina would curtail oil production in the Gulf of Mexico. Local shares could also get a boost after data ...

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