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  • Seoul shares down 0.67 pct in late-morning trade
    Seoul shares down 0.67 pct in late-morning trade
    South Korean stocks traded 0.67 percent lower late Thursday morning due to losses in techs and logistics, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) moved down 13.39 points to 1,980.44 as of 11:20 a.m.Tech shares traded bearish, with market behemoth Samsung Electronics losing 0.93 percent and its smaller rival LG Electronics falling 0.84 percent. Samsung SDI, the leading maker of plasma dis...
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Seoul shares down 0.67 pct in late-morning trade

May 23, 2013 - 11:52 By 윤민식

South Korean stocks traded 0.67 percent lower late Thursday morning due to losses in techs and logistics, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) moved down 13.39 points to 1,980.44 as of 11:20 a.m.

Tech shares traded bearish, with market behemoth Samsung Electronics losing 0.93 percent and its smaller rival LG Electronics falling 0.84 percent. Samsung SDI, the leading maker of plasma display panels, shed 0.39 percent.

Logistics firms also lost ground, with Hyundai Glovis decreasing 1.06 percent and Hyundai Merchant Marine falling 0.92 percent. Top air carrier Korean Air plunged 2.3 percent.

The local currency was changing hands at 1,120.95 won against the greenback, down 6.95 won from Wednesday's close. (Yonhap News)

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