The Korea Herald

피터빈트

Seoul shares down 0.77 pct in late morning trade

By KH디지털2

Published : Jan. 11, 2016 - 12:51

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South Korean stocks traded 0.77 percent lower late Monday morning on losses in tech shares.

The benchmark Korea Composite Stock Price Index lost 14.76 points to 1,902.86 as of 11:20 a.m.

Market heavyweights traded mixed with tech giant Samsung Electronics losing 1.71 percent.

Global chipmaker SK hynix shed 2.36 percent, while top mobile carrier SK Telecom lost 2.16 percent.

No. 1 automaker Hyundai Motor gained 1.10 percent, and its smaller affiliate Kia Motors advanced 0.62 percent.

The local currency was trading at 1,207.90 won against the U.S. dollar as of 11:20 a.m., down 9.80 won from the previous session's close. The won rebounded slightly after dipping to below 1,210 won against the dollar for the first time since July 22, 2010. (Yonhap)