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Seoul shares edged lower on Wednesday morning, poised to break a three-day winning streak, after a drop in US consumer sentiment raised concerns about holiday spending in South Korea's second-biggest export market. The Korea Composite Stock Price Index (KOSPI) was 0.4 percent lower at 2,013.88 points as of 0216 GMT after touching an intraday low of 2,010.84.
Foreign investors sold a net 70.9 billion won ($66.9 million) early in the session, after net purchasing local shares in the past two days.
Declining shares outnumbered winners 444 to 320. The KOSPI 200 benchmark of core stocks was down 0.5 percent.

Copyright Reuters, 2013

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