Published : 2013-10-18 11:40
Updated : 2013-10-18 11:40
South Korean stocks traded 0.13 percent higher late Friday morning on eased U.S. financial woes, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) added 2.59 points to 2,043.20 as of 11:20 a.m.
Tech shares continued to lead the gain, with market behemoth Samsung Electronics advancing 0.62 percent and top chipmaker SK hynix rising 2.07 percent. Flat panel maker LG Display gained 2.26 percent.
Cash-strapped Tong Yang Group, in contrast, fell by its daily permissible limit of 14.88 percent on the first day of its return to the main bourse, after trading of its shares was suspended on Sept. 30.
The local currency was changing hands at 1,061.55 won against the greenback as of 11:20 a.m., up 2.15 won from Thursday's close. (Yonhap News)