Seoul Shares Fall 13 Pts

South Korean stocks ended lower Monday, weighed down by losses in financial and steel shares, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 13.25 points, or 0.75 percent, to 1,757.73. Trading volume was moderate at 389.75 million shares worth 5.7 trillion won ($6.15 billion), with losers outnumbering gainers 523 to 231.

"The market, which underwent fluctuations throughout the session, closed lower as investors dumped shares, mainly large caps, which have risen substantially in recent upswings," said Kim Hak-kyun, an analyst at Korea Investment & Securities.