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Seoul shares down 0.37% in late-morning trade

Dec. 8, 2015 - 11:50 By KH디지털2

South Korean stocks traded 0.37 percent lower late Tuesday morning as investors remained cautious after crude prices plunged to a near seven-year low.
  

The benchmark Korea Composite Stock Price Index lost 7.2 points to 1,956.47 as of 11:20 a.m.
  

Oil refineries traded in negative territory, with industry leader SK Innovation falling 2.33 percent and No. 3 S-Oil dropping 0.39 percent.
  

Lotte Chemical slid 0.42 percent, and Kumho Petro Chemical dipped 2.09 percent.
  

The local currency was changing hands at 1,174.35 won against the greenback as of 11:20 a.m., down 6.15 won from Monday's close. (Yonhap)