Seoul shares drop 3 pct on growing financial woes

SEOUL, Feb 24 (Reuters) - Seoul shares slid more than 3 percent on Tuesday, hit by a regional sell-off triggered by mounting concerns over the global financial system's health that pounded financial stocks and blue chips across the board.

The Korea Composite Stock Price Index finished down 3.24 percent at 1,063.88 points.

Shinhan Financial Group (055550.KS) fell 6.1 percent and Mirae Asset Securities (037620.KS) lost 6.53 percent.

Electronics giant Samsung Electronics Co Ltd (005930.KS) declined 3.61 percent and steel maker POSCO (005490.KS) dropped 6.78 percent. (Reporting by Rhee So-eui; editing by Jonathan Hopfner)