South Korea's stock market volatility surged near record highs on Monday after foreign investors dumped $13.2 billion worth of local equities last week.

Seoul's benchmark Kospi quickly reversed course Friday after briefly crossing the historic 8,000 mark, falling below 7,600 as foreign investors deepened profit-

The Kospi's first break above 8,000 lasted less than a day. Korea's benchmark stock index climbed to an intraday record Friday, only to tumble below 7,500 by th