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Seoul: Stocks end 6-day rally, won slides
[SEOUL] South Korean shares ended a six-day rally on Monday as foreign investors turned net sellers while Lotte Group-related shares slipped after South Korean prosecutors requested an arrest warrant for as the group's chairman.
The arrest warrant for Lotte Group chairman Shin Dong-bin was the latest twist in a broad criminal probe into the country's fifth-largest conglomerate.
The Korea Composite Stock Price Index (Kospi) closed down 0.3 per cent at 2,047.11 points.
Offshore investors offloaded a net 15.2 billion won (S$18.69 million) worth of Kospi shares for the day.
The South Korean won edged down along with other Asian currencies amid a broad risk-off mood in the market.
The won was quoted at 1,107.9 to the US dollar at the conclusion of onshore trade, down 0.5 per cent versus Friday's close at 1,102.4.