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  • Seoul shares up 0.3 pct in late-morning trade
    Seoul shares up 0.3 pct in late-morning trade
    South Korean stocks traded 0.3 percent higher late Tuesday morning, buoyed by gains in builders and IT services companies, analysts said.   The benchmark Korea Composite Stock Price Index (KOSPI) rose 6 points to 1,985.97 as of 11:20 a.m.  Daelim Industrial, a leading construction firm, climbed 2.6 percent and NHN Corp., the No. 1 Internet portal service provider, gained 1.6 percent.  In contrast, utilities an...
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Seoul shares up 0.3 pct in late-morning trade

May 28, 2013 - 12:53 By KH디지털3


South Korean stocks traded 0.3 percent higher late Tuesday morning, buoyed by gains in builders and IT services companies, analysts said.
   
The benchmark Korea Composite Stock Price Index (KOSPI) rose 6 points to 1,985.97 as of 11:20 a.m.
  
Daelim Industrial, a leading construction firm, climbed 2.6 percent and NHN Corp., the No. 1 Internet portal service provider, gained 1.6 percent.
  
In contrast, utilities and brokerages lost ground. State-run Korea Electric Power Corp. sank more than 2 percent and KDB Daewoo Securities, the second-largest securities firm, fell 0.5 percent.   

The local currency was changing hands at 1,126.30 won against the greenback, down 3.9 won from Monday's close. (Yonhap News)

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