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Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

Seoul shares down 1.25 pct in late-morning trade

By 윤민식

Published : July 8, 2013 - 11:37

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South Korean stocks traded 1.25 percent lower late Monday morning, led by a sharp fall in shares of Samsung Electronics, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) declined 22.88 points to 1,810.43 as of 11:20 a.m.

Top-listed tech heavyweight Samsung Electronics plunged more than 4 percent, with SK hynix dipping 2.6 percent.

In contrast, Hyundai Heavy Industries, the world's No. 1 shipyard, climbed 3.6 percent.

The local currency was changing hands at 1,151.75 won against the greenback as of 11:20 a.m., down 9.45 won from Friday's close. (Yonhap News)

Seoul shares down 1.25 pct in late-morning trade

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