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Seoul shares up 0.28 pct in late-morning trade

Aug. 20, 2013 - 11:46 By KH디지털2

South Korean stocks reverted to gains late Tuesday morning after a weak start, as tech and auto blue-chips turned to pare losses, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.29 points, or 0.28 percent, to 1,922.93 as of 11:20 a.m.

Tech heavyweight Samsung Electronics shot up 1.4 percent, with Hyundai Motor, the world's fifth-largest automaker, climbing 0.4 percent.

The local currency was changing hands at 1,122.95 won against the greenback as of 11:20 a.m., down 6.75 won from Monday's close. (Yonhap News)