Seoul shares fell on Thursday as blue chip technology stocks such as Samsung Electronics slid amid mounting concerns a slowing global recovery may lead to a slump in sales. The Korea Composite Stock Price Index closed down 0.76 percent at 1,735.53 points. Domestic institutions were sellers of a net billion won worth of stocks amid high demand for equity fund redemptions.
Institutional investors were sellers of a net 176 billion won ($146.2 million) worth of stocks. Samsung Electronics, the world's No 1 memory chip maker, shed 1 percent. Shares in LG Display Co declined 3 percent on ahead of its second-quarter earnings results, amid mounting concern over its second-half outlook, analysts said.