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Seoul: Shares edge down, won pressured by firm dollar
[SEOUL] Seoul shares edged down on Tuesday in light trade ahead of year-end holidays as foreign investors took profits from the previous day's gains.
The main Seoul stock market's benchmark KOSPI ended down 0.2 per cent at 1,939.02 points, led by foreign investors who sold a net 163 billion won (US$147.8 million) worth of shares during the day. This follows a 0.7 per cent gain in the KOSPI on Monday.
On the currency market, the won was quoted at 1,102.7 per dollar at the end of the onshore trade, compared with Monday's close of 1,096.2.