Seoul shares hit by Thai woes but LG.Philips gains

Newswire

(Updates to close) By Rafael Nam SEOUL, Dec 19 (Reuters) - Seoul shares fell 0.4 percent on Tuesday, retreating from seven-month highs as investors locked in gains in recent outperformers such as POSCO amid caution after Thai stock markets plunged on heavy foreign selling. Thailand's main index plunged more than 10 percent as foreign investors took fright at central bank measures to rein in its currency, raising some fears of a contagion effect in which overseas investors would also ...

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