Seoul shares take breather from rally; SK Tel drops

Newswire

(Updates to close) By Rafael Nam SEOUL, Dec 21 (Reuters) - South Korean shares fell 0.4 percent on Thursday, retreating from a new seven-month high hit early in the session, as concerns that a recent rally had come too quickly hit some outperformers such as SK Telecom. The temptation to lock in gains ahead of the end of the year has increased after the main KOSPI has approached a record 1,464.70 hit on May 11, with the index now 2 percent off from that milestone. "Today is a natural ...

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