Seoul shares up 0.71 pct in late-morning trade
July 22, 2013
South Korean stocks traded 0.71 percent higher late Monday morning, as tech firms and shipbuilders widened gains, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) climbed 13.20 points to 1,884.61 as of 11:20 a.m. Market behemoth Samsung Electronics Co. rose 0.3 percent, with Hyundai Heavy Industries Co., the world's biggest shipyard, spiking nearly 5 percent. But NHN Corp., the country's top Internet portal operator, lost 0.7 percent. The local currency was changing hands a