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Seoul shares down 0.13 pct in late-morning trade

South Korean stocks traded 0.13 percent lower late Monday morning, led by losses in retail and tech giants, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) dropped 2.44 points to 1,917.67 as of 11:20 a.m.

Lotte Shopping sank 2 percent, with E-mart also losing 0.5 percent. Top-cap Samsung Electronics slid 0.8 percent and chipmaker SK hynix fell 0.7 percent.

The local currency was changing hands at 1,112.40 won against the greenback as of 11:20 a.m., up 1.1 won from Friday's close. (Yonhap)