The Korea Herald


Seoul shares down 0.46 pct in late-morning trade

By KH디지털뉴스부공용

Published : Feb. 21, 2013 - 13:12

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South Korean stocks traded 0.46 percent lower late Thursday morning due to losses in brokerage houses and logistics firms, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) decreased 9.26 points to 2,015.38 as of 11:20 a.m.

Brokerage houses traded lower, with Samsung Securities falling 1.05 percent and KDB Daewoo Securities losing 1.21 percent. Woori Investment & Securities moved down 1.17 percent.

Logistics shares also lost ground, with Hanjin Shipping declining 2.19 percent and Hyundai Merchant Marine falling 3.41 percent. Korean Air Lines, South Korea's top air carrier, shed 0.89 percent.

The local currency was changing hands at 1,084.60 won against the greenback as of 11:20 a.m., down 6.10 won from Wednesday's close. (Yonhap News)