Seoul shares trade almost flat in late-morning trade
Published : 2013-10-23 11:55
Updated : 2013-10-23 11:55
South Korean stocks traded almost flat late Wednesday morning as investors were mixed on the lower-than-expected figures in the U.S. jobs data for September, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) edged up 0.15 points, or 0.01 percent, to 2,056.27 as of 11:20 a.m.
Brokerages traded higher, with Samsung Securities rising 0.62 percent and KDB Daewoo Securities climbing 2.49 percent. Woori Investment & Securities added 1.72 percent.
Carmakers traded mixed, with No. 1 Hyundai Motor falling 0.76 percent and its auto parts affiliate Hyundai Mobis remaining unchanged. Kia Motors edged up 0.31 percent.
The local currency was changing hands at 1,055.95 won against the greenback as of 11:20 a.m., up 4.85 won from Tuesday's close. (Yonhap News)