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The benchmark Korea Composite Stock Price Index (KOSPI) fell 12.58 points, or 0.63 percent, to close at 1,981.77. Trading volume stood at 329.63 million shares worth 3.31 trillion won (3. 24 billion U.S. dollars).
Some media reports said that Syrian warplanes carried out airstrikes in western Iraq to help the Shiite-dominated Iraqi government. The airstrikes, which had yet to be confirmed http://www.officialhawksproshop.com/kids-pete-maravich-hawks-jersey/ , killed at least 50 people and injured 132 others.
Syria and Iran, controlled by Shiites, were reportedly aiding the Baghdad government to protect it from attacks by Sunni insurgents from the Islamic State of Iraq and al-Sham (ISIS).
Mounting risks in the Mideast region boosted worries about higher oil prices, which could disrupt the fledgling global economic recovery.
Adding to concerns, Argentina was reportedly on the verge of default, worsening investors' sentiment further. The recent series of downgrade for corporate earnings outlook for the second quarter also weighed down investors.
Market bellwether Samsung Electronics declined 1.9 percent on pessimistic views over its second-quarter earnings caused by lackluster smartphone sales. SK Hynix, Hyundai Mobis, Naver and Samsung Life Insurance also ended in negative territory.
Amid expectations for higher oil prices, oil refiners gained ground. Top crude refiner SK Innovation jumped 4.3 percent, and its smaller rivals GS and S-Oil climbed 2.1 percent and 0.5 percent each.
Bond prices ended lower. The yield on the liquid three-year treasury notes added 0.004 percentage point to 2.687 percent, and the return on the benchmark 10-year government bonds finished rose 0.001 percentage point to 3.216 percent.
by Xinhua writer Luo Jun
BEIJING, Nov. 17 (Xinhua) -- With Chinese President Xi Jinping starting a state visit to Australia on Monday, the two countries are set to further consolidate their partnership in an all-round way.
During the visit, Xi and Australian Prime Minister Tony Abbott will witness together the signing of a series of agreements in various fields, which will underpin bilateral comprehensive cooperation for the next stage.
The two sides should continue to respect each other, accommodate differences, enhance mutual trust and understanding, and properly address their divergences.