Seoul shares up 0.26 pct in late-morning trade
Published : 2013-09-27 11:29
Updated : 2013-09-27 11:29
South Korean stocks traded 0.26 percent higher late Friday morning led by foreign buying and improved U.S. jobs data, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 5.13 points to 2,012.45 as of 11:20 a.m.
Shipbuilders led the market gain, with Hyundai Heavy Industries adding 2.67 percent and Daewoo Shipbuilding & Marine Engineering moving up 2.95 percent. Samsung Heavy Industries fell 1.85 percent.
In contrast, mobile carriers traded lower, with No. 1 player SK Telecom falling 0.46 percent and KT losing 1.1 percent. LG Uplus, the smallest player, shed 0.83 percent.
The local currency was changing hands at 1,076.25 won against the greenback as of 11:20 a.m., down 1.15 won from Thursday's close. (Yonhap News)