S.Korean shares ease on oil prices, but banks gain

Newswire

(Updates to midday) SEOUL, March 24 (Reuters) - Seoul shares fell on Friday as a surge in oil prices hit energy-cost sensitive stocks such as KEPCO, although broader losses were offset as financial firms such as LG Card rose on signs of consolidation in the sector. A weaker South Korean won also hit firms that rely heavily on raw material imports, such as steel maker POSCO , while exporters erased earlier gains to trade flat amid continued worries about first-quarter profits. Traders ...

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