Shares fall 2.4 per cent in Seoul

Shares fall 2.4 per cent in Seoul Seoul  - Shares tumbled Wednesday on the Seoul stock exchange over growing concerns about the recovery of the US economy.

South Korea's currency fell also against the dollar.

The benchmark Kospi index shed 39.82 points, or 2.4 per cent, to close at 1,609.71. Declining issues outnumbered advancers 691 to 132.

The main index of the technology-heavy Kosdaq market slid 13.48 points to 488.82.

On currency markets, the US dollar was quoted at 1,195.40 Korean won, after Tuesday's close of 1,184.40 won. (dpa)