Seoul stocks end lower on foreign selling ahead of Q2 earnings

Seoul shares ended lower Monday as foreigners continued to offload local stocks ahead of major companies' second-quarter earnings releases.

The Korean won fell against the US dollar.

After opening 1.06 percent higher, the benchmark Korea Composite Stock Price Index reversed course, falling 37.01 points, or 0.46 percent, to close at 8,051.33.

Trade volume was moderate at 442.43 million shares worth 31.59 trillion won ($20.6 billion), with gainers outnumbering losers 461 to 412.

Investors are asse ...