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Seoul shares up 0.3 percent in late-morning trade

By KH디지털3

Published : May 27, 2013 - 11:51

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South Korean stocks traded 0.3 percent higher late Monday morning, buoyed by blue-chip exporters, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.93 points to 1,979.38 as of 11:20 a.m.

LG Electronics, the country's leading home appliance maker, jumped 3.25 percent and No. 1 automaker Hyundai Motor gained nearly 1.5 percent.

In contrast, steelmakers lost ground. POSCO dropped 0.8 percent. Large-cap zinc smelter Korea Zinc also shed 1.8 percent.

The local currency was changing hands at 1,126.40 won against the greenback, up 1.0 won from Friday's close. (Yonhap News)

Seoul shares up 0.3 percent in late-morning trade

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