Seoul shares up 0.44% in late morning trade

South Korean stocks traded 0.44 percent higher late Tuesday morning on the back of gains in techs and financial shares.

The benchmark Korea Composite Stock Price Index rose 8.79 points to 2,012.49 as of 11:20 a.m.

Top-cap Samsung Electronics added 1.01 percent, and major panel maker LG Display gained 5.24 percent. Samsung Electro-Mechanics climbed 1.42 percent.

Brokerage houses also traded bullish, with Daewoo Securities rising 2.38 percent and Samsung Securities moving up 1.33 percent. NH Investment increased 2.96 percent.

The local currency was changing hands at 1,155.30 as of 11:20 a.m., up 3.20 won against the greenback from Monday’s close. (Yonhap)


Leave a Reply

Your email address will not be published.