(Bloomberg) -- South Korean stocks slid from a record. Exporters led by LG.Philips LCD Co. fell after the won appreciated against the dollar to its highest level in more than three months, raising speculation the value of overseas earnings will drop.
``The exchange rate is around the 930's now, so we're also watching its effect on exporters,'' said Kim Jun Ki, who manages about $1.1 billion in equities at Hanwha Investment Trust Management Co. in Seoul. ``There's a little concern earnings recoveries could get delayed a bit.''
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