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Seoul: Shares extend fall to 4th session on China, Greece
[SEOUL] South Korean shares fell 1 per cent on Wednesday, marking their fourth consecutive losing session, led by heavy foreign sales on further selloff in China's stock markets and anxiety over the Greek debt crisis.
The Korea Composite Stock Price Index shed 1.18 per cent to end at 2,016.21. The index has fallen 4.3 per cent over the four sessions, the sharpest four-session percentage loss since June 25, 2013.
Foreign investors sold a net 399.1 billion won (S$476.2 million) worth of shares on the main board, marking the biggest daily net sales, and helping push the won down 0.6 per cent to end local trade at 1,136.7 per dollar.