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피터빈트

Seoul shares flat in late morning trade

By Korea Herald

Published : Feb. 29, 2016 - 12:10

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Korean share prices remained nearly flat late Monday morning as investors mulled the possibility of another rate hike in the United States.

The benchmark Korea Composite Stock Price Index was trading 0.1 percent lower at 1918.32 points as of 11:45 a.m. 

Korean share prices are displayed on an electronic board at the Korea Exchange in Seoul. (Yonhap) Korean share prices are displayed on an electronic board at the Korea Exchange in Seoul. (Yonhap)

Among the market heavyweights, No. 1 Hyundai Motor remained unchanged and Kia Motors was trading 2.44 percent lower. Top auto parts maker Hyundai Mobis slid 2.14 percent.

Samsung Electronics advanced 1.28 percent, while steelmakers were mixed. POSCO moved up 1.28 percent while Korea Zinc lost 0.66 percent. Hyundai Steel rose 1.27 percent.

The local currency was changing hands at 1,242.10 won against the greenback, down 3.9 won from Friday’s close.

(khnews@heraldcorp.com)

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