The Korea Herald

피터빈트

Seoul shares down in late-morning trade on U.S. rate woes

By KH디지털2

Published : Nov. 10, 2015 - 11:27

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South Korean stocks traded 0.95 percent lower late Tuesday morning as investors remained concerned over a possible U.S. rate hike.

The benchmark Korea Composite Stock Price Indexshed 19.32 points to 2,006.38 as of 11:20 a.m.

Tech shares continued to lose ground, with market behemoth Samsung Electronics falling 0.74 percent and leading chipmaker SK hynix losing 0.48 percent.

Top steelmaker POSCO shed 1.97 percent, and Korea Zinc shed 0.65 percent. No. 2 steelmaker Hyundai Steel plunged 1.36 percent The local currency was trading at 1,156.95 won against the U.S. dollar as of 9:15 a.m., up 0.25 won from Monday's close. (Yonhap)