The Korea Herald

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Seoul shares up 0.63 pct in late-morning trade

By 윤민식

Published : Nov. 28, 2013 - 13:15

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South Korean stocks traded 0.63 percent higher late Thursday morning, due mainly to gains in technology firms and mobile carriers, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) added 12.73 points to 2,041.54 as of 11:20 a.m.

Tech shares continued to trade higher, with No. 1 Samsung Electronics rising 1.36 percent and flat panel maker LG Display climbing 2.73 percent. Leading chipmaker SK hynix moved up 1.59 percent.

Mobile carriers also gathered ground, with SK Telecom adding 0.89 percent and No. 2 player KT advancing 0.9 percent. LG Uplus, the smallest player, increased 0.93 percent.

The local currency was changing hands at 1,061.75 won against the greenback as of 11:20 a.m., down 0.65 won from Wednesday's close. (Yonhap News)