Seoul shares fall led by Hyundai; trade down
SEOUL, Nov 5 (Reuters) - Seoul shares fell on Thursday, with trade volume shrinking to the lowest in more than 14 months and Hyundai Motor (005380.KS) battered by concerns about potential U.S. market share loss.
The Korea Composite Stock Price Index shed 1.75 percent to 1,552.24 points, with about 201 million shares changing hands, the smallest amount since late August, 2008.
Hyundai Motor dropped 4.2 percent to 102,000 won.
Analysts said the country's top automaker, focused on small and medium-sized car sales in the world's largest market, could lose market share to sports utility vehicle (SUV) and pick-up truck makers, which are leading a gradual rebound in U.S. auto sales.
(Reporting by Kim Yeon-hee; Editing by Jonathan Hopfner)
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