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Seoul shares up 0.7 pct in late-morning trade

Seoul shares up 0.7 pct in late-morning trade

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Published : 2013-12-23 11:31
Updated : 2013-12-23 11:31

South Korean stocks traded 0.73 percent higher late Monday morning, led by gains in tech and automaking firms, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 14.51 points to 1,997.86 as of 11:10 a.m.

Samsung Electronics, the largest market cap, rose 0.56 percent, and SK hynix advanced 3.54 percent.

Industry leader Hyundai Motor gained 1.56 percent, and its smaller affiliate Kia Motors surged 2.01 percent.

Financial shares also remained in positive terrain, with Hyundai Securities soaring 7.79 percent.

The local currency was changing hands at 1,061.30 won against the greenback, down 0.10 won from Friday's close. (Yonhap News)

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