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SEOUL Hunter Pence Youth Jersey , June 24 (Xinhua) -- South Korean shares fell for three straight sessions on Monday as concerns emerged over China's economic slowdown amid the lingering worries about the tapering of the U.S. Federal Reserve's bond purchases later this year.


The benchmark Korea Composite Stock Price Index (KOSPI) sank 23. 82 points, or 1.31 percent, to close at 1,799.01 Barry Bonds Youth Jersey , falling below the 1,800-point level for the first time in 11 months. Trading volume stood at 217.79 million shares worth 3.12 trillion won (2. 68 billion U.S. dollars).


Manufacturing activities in China slowed to a nine-month low, boosting worries that the world's No.2 economy was slumping. The HSBC Flash Manufacturing Purchasing Managers'Index (PMI) for June declined to 48.3, the lowest since October last year and down from 49.2 in May.


The Shanghai Interbank Offered Rate (SHIBOR) overnight rate Willie Mays Youth Jersey , or a basic gauge of interbank borrowing costs, hit a record-high of 13.44 percent last Thursday before diving to 8.49 percent the next day. The abrupt surge boosted concerns over China's funding conditions, denting sentiment in the South Korean stock market, experts said.


Worries remained about the tapering of the Fed's quantitative easing later this year Madison Bumgarner Womens Jersey , continuing to weigh down on market sentiment. The KOSPI dropped 1.5 percent on Friday and 2 percent on Thursday respectively following Fed Chairman Ben Bernanke's comments over possible end of bond purchases.


Foreigners kept their selling spree for 12 straight sessions with stock sales worth 249.2 billion won. Over the past 12 trading days, overseas investors sold a total of more than 5 trillion won in local stocks.


Retail investors bought a net 146.5 billion won worth of stocks to hunt for bargains, and institutional investors purchased KOSPI200 index futures worth 409.4 billion won, limiting the KOSPI ' s further decline.


Most large-cap shares ended in negative territory. Market bellwether Samsung Electronics fell 0.4 percent Brandon Crawford Womens Jersey , and top life insurer Samsung Life Insurance retreated 2.8 percent. The nation' s No.1 wireless carrier SK Telecom tumbled 4.7 percent, and top auto parts maker Hyundai Mobis slid 2.1 percent.


The local currency finished at 1,161.4 won against the greenback, down 6.7 won from Friday's close. The currency dropped more than 30 won from last Wednesday's close of 1 Buster Posey Womens Jersey ,130.8 won.


Bond prices ended sharply lower. The yield on the liquid three- year treasury notes surged 0.08 percentage point to 3.12 pe. Wholesale Spain Soccer Jerseys Hector Herrera Mexico Jersey Antonio Rudiger Germany Jersey Cheap Winnipeg Jets Jerseys Wholesale Sharks Jerseys Wholesale Senators Jerseys Wholesale Rangers Jerseys Wholesale Penguins Jerseys Wholesale Lightning Jerseys Wholesale New York Islanders Jerseys