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  • Seoul shares up 0.89 pct in late-morning trade
    Seoul shares up 0.89 pct in late-morning trade
    South Korean stocks traded 0.89 percent higher late Tuesday morning on gains in techs and retailers, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) rose17.61 points to 1,985.79 as of 11:20 a.m.Tech blue chips continued to gather ground, with market behemoth Samsung Electronics rising 2.56 percent and top flat panel manufacturer LG Display adding 1.72 percent. Top chipmaker SK hynix advanced 0.7...
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Seoul shares up 0.89 pct in late-morning trade

March 19, 2013 - 13:40 By KH디지털1
South Korean stocks traded 0.89 percent higher late Tuesday morning on gains in techs and retailers, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) rose

17.61 points to 1,985.79 as of 11:20 a.m.

Tech blue chips continued to gather ground, with market behemoth Samsung Electronics rising 2.56 percent and top flat panel manufacturer LG Display adding 1.72 percent. Top chipmaker SK hynix advanced 0.7 percent.

Retailers also traded higher, with Samsung C&T advancing 4.18 percent and discount store chain E-Mart adding 0.47 percent. Daewoo International, a leading South Korean trading company, moved up 1.55 percent.

The local currency was trading at 1,110.15 won against the U.S.

dollar as of 11:20 a.m., up 4.45 won from Monday's close. (Yonhap News)

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