Seoul shares up 0.17 pct in late-morning trade
Published : 2013-10-30 11:38
Updated : 2013-10-30 11:38
South Korean stocks traded 0.17 percent higher late Wednesday morning, led by gains in tech and financial large caps, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 3.55 points to 2,055.31 as of 11:20 a.m.
Market behemoth Samsung Electronics edged up 0.4 percent, with chip giant SK hynix soaring 2.5 percent. Shinhan Financial Group and Hana Financial Group gained 0.3 percent and 2 percent, respectively.
But auto and telecom issues trended lower, with Kia Motors falling 1.6 percent and SK Telecom dipping 2.3 percent.
The local currency was changing hands at 1,061.60 won against the greenback as of 11:20 a.m., down 1.0 won from Tuesday's close. (Yonhap News)