Seoul shares fall on options expiry; no rate impact

SEOUL | Thu Nov 12, 2009 2:11am EST

SEOUL Nov 12 (Reuters) - Seoul shares fell 1.4 percent on Thursday, extending losses at the last minute on option expiry day, as the market lacked momentum to continue its upward trend and failed to get a boost from the result of a central bank rate meeting.

The Korea Composite Stock Price Index .KS11 finished at 1,572.73 points, ending a four-session winning streak. Hyundai Motor (005380.KS) fell 3.32 percent and LG Electronics (066570.KS) dropped 2.76 percent. (Reporting by Rhee So-eui; Editing by Jonathan Hopfner)

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