Seoul: Stocks dip as foreigners step up selling, won eases

[SEOUL] South Korean shares fell on Thursday as foreign investors sharply increased selling later in the session.

The Korea Composite Stock Price Index (Kospi) closed down 0.8 per cent at 1,971.26 points.

Offshore invesotrs sold a net 141.3 billion won (S$170.5 million) worth of Kospi shares.

The South Korean won edged down. It was at 1,180.1 to the US dollar at the conclusion of onshore trade, down 0.3 per cent compared to Wednesday's close of 1,176.2.

REUTERS