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Seoul shares down 0.36 pct in late-morning trade


South Korean stocks traded 0.36 percent lower late Tuesday morning on losses in techs and foo producers, analysts said.
   
The benchmark Korea Composite Stock Price Index (KOSPI) moved down 7.11 points to 1,954.37 as of 11:20 a.m.
   
Tech blue chips led the decline, with market behemoth Samsung Electronics falling 1.06 percent and top chipmaker SK hynix moving down 1.21 percent. Leading flat panel manufacturer LG Display shed 1.53 percent.
  
Food companies also traded lower, with leading foodmaker CJ Cheiljedang losing 1.94 percent and Orion falling 0.35 percent.
Hite Jinro, South Korea's No. 1 beer and soju producer, declined 1.56 percent.
   
The local currency was changing hands at 1,094.70 won against the greenback, down 0.20 won from Friday's close. (Yonhap News)

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