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  • Seoul shares down 0.3 pct in late-morning trade
    Seoul shares down 0.3 pct in late-morning trade
    South Korean stocks traded 0.3 percent lower late Thursday morning, led by losses in large-cap tech firms and banks, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) shed 5.96 points to 1,987.48 as of 11:20 a.m.LG Electronics, South Korea's major home appliance maker, fell 1.5 percent, with the state-run Industrial Bank of Korea retreating 2 percent. In contrast, autos and utilities gained gro...
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Seoul shares down 0.3 pct in late-morning trade

March 28, 2013 - 11:57 By KH디지털1
South Korean stocks traded 0.3 percent lower late Thursday morning, led by losses in large-cap tech firms and banks, analysts said. 

The benchmark Korea Composite Stock Price Index (KOSPI) shed 5.96 points to 1,987.48 as of 11:20 a.m.

LG Electronics, South Korea's major home appliance maker, fell 1.5 percent, with the state-run Industrial Bank of Korea retreating 2 percent. 

In contrast, autos and utilities gained ground, with No. 1 player Hyundai Motor rising 0.5 percent and state-run electricity provider Korea Electric Power Corp. moving up 0.7 percent. 

The local currency was changing hands at 1,111.35 won against the greenback as of 11:20 a.m, up 0.25 won from Wednesday's close. (Yonhap News)

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