Banks lead Seoul shares lower on valuation worries

Newswire

(Updates to close) By Rafael Nam and Kim Yeon-hee SEOUL, Nov 29 (Reuters) - Seoul shares ended lower on Tuesday for the first time in five sessions, as worries the market had overreached amid a record-setting rally pulled Samsung Electronics and Kookmin Bank lower. Lenders came under further pressure after the country's top financial regulator cautioned that the pace of the sector's earnings growth might slow in the near future. The main Korea Composite Stock Price Index fell 1.11 ...

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