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지나쌤

Korean shares up 0.3 percent in late morning

By Korea Herald

Published : March 7, 2016 - 11:51

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Korean share prices rose 0.3 percent late Monday morning on gains in chemicals, oil refiners and finance firms.

The benchmark Korea Composite Stock Price Index was trading 0.31 percent higher at 1961.61 points as of 11:40 a.m.

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

Top market cap Samsung Electronics edged up 0.41 percent. LG Chem, the country’s leading chemicals firm, rose 0.34 percent and top oil refiner SK Innovation added 3.34 percent.

Shinhan Financial, the country’s most profitable banking group, rose 2.55 percent and KB Financial, the No. 2 banking group, rose 1.73 percent.

In contrast, No. 1 carmaker Hyundai Motor shed 0.68 percent.

The local currency was changing hands at 1,199.40 won against the greenback, up 4 won from Friday’s close.

(khnews@heraldcorp.com)

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