The Korea Herald


Seoul shares down 0.31 pct in late-morning trade

By KH디지털뉴스부공용

Published : Feb. 26, 2013 - 13:34

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South Korean stocks traded 0.31 percent lower late Tuesday morning, dented by losses in techs and logistics, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) edged down 6.15 points to 2,003.37 as of 11:20 a.m.

Big-cap tech names led the decline, with top chipmaker SK hynix falling 0.38 percent and leading flat panel manufacturer LG Display losing 0.81 percent. No. 1 steelmaker POSCO shed 0.56 percent.

Logistics shares also traded lower, with Hyundai Glovis decreasing 1.76 percent and Hyundai Merchant Marine sliding 1.11 percent. Korean Air lost 0.45 percent.

The local currency was changing hands at 1,087.40 won against the greenback as of 11:20 a.m., down 1.10 won from Monday's close. (Yonhap News)