Shares fall sharply in Seoul

Seoul - Shares extended their losses Wednesday on the Seoul stock exchange as investors remained worried over the impact of a global recession. South Korea's won continued its fall against the dollar.

The benchmark Kospi index fell 61.51 points, or 5.1 per cent, to close at 1,134.59, a three-year low.

Declining issues outnumbered advancers 758 to 82.

The main index of the technology-heavy Kosdaq market plunged 15.44 points to 335.53.

On the currency markets, the US dollar was quoted at 1,363.0 Korean won, after 1,320.1 won on Tuesday. (dpa)

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