South Korean shares fell on Wednesday, after gaining for three consecutive sessions, as the number of new Covid-19 cases hitting the highest levels in 39 days weighed on sentiment.
The won weakened, while the benchmark bond yield rose. The benchmark KOSPI tumbled 42.96 points, or 1.38%, to 3,119.65 by 0202 GMT. Also Read | Life lessons from Covidien era start-upsSouth Korea's Prime Minister Chung Sye-kyun warned against the loosening enforcement of social distancing rules after the country reported 621 new infections as of Tuesday midnight, the highest levels in 39 days.
Among major heavyweights, chip giants Samsung Electronics and SK Hynix dropped 2.1% and 3%, respectively, while internet giant Naver also slid 1%.