Seoul: Shares snap 3 days of gains; won up

[SEOUL] South Korean shares erased early gains to end lower in thin trading on Thursday, as improved sentiment from recovering oil prices was offset by selling from individuals and foreigners.

The Korea Composite Stock Price Index (KOSPI) ended down 0.4 per cent at 1,990.66 points, snapping a three-day winning spree.

The South Korean won was quoted at 1,167.8 to the dollar at the conclusion of onshore trade, up 0.5 per cent compared with the previous close of 1,173.1 as oil prices rebounded.

South Korean markets will be closed on Friday for the Christmas holiday.

REUTERS