S.Korean stocks take a breather after strong rally, won weakens
SEOUL, May 30 (Reuters) - South Korean shares fell on Tuesday as investors took profits from the main bourse after a strong rally that was boosted by expectations for stronger economic growth and second-quarter earnings.
The Korea Composite Stock Price Index (KOSPI) .KS11 closed down 0.4 percent at 2,343.68 points.
Foreign investors sold a net 50.5 billion won ($44.90 million) of KOSPI shares for the day.
The South Korean won KRW= also inched down amid cautious trading ahead of economic data releases in the U.S. jobs data and exports data at home mainly in focus.
The South Korean won KRW= also inched down amid cautious trading ahead of jobs data in the United States and export data at home.
The won KRW=KFTC was quoted at 1,125.1 to the dollar at the conclusion of onshore trade, down 0.3 percent from Monday's close of 1,121.7.