Seoul: Won, stocks end lower as Italian vote spreads unease

[SEOUL] South Korean shares and the won weakened on Monday, amid a broad surge in risk-averse sentiment after Italian voters rejection of a proposed constitutional reform raised political uncertainties in the euro zone.

The Korea Composite Stock Price Index (Kospi) closed down 0.37 per cent at 1,963.35 points, falling for a second consecutive session.

The won was quoted at 1,174.6 to the US dollar at the conclusion of onshore trade, down 0.17 per cent compared to Friday's close of 1,172.6.

REUTERS