[THE INVESTOR] South Korean shares traded almost unchanged late morning on July 27 as investors took a cautious stance ahead of this week’s Federal Open Market Committee meeting.

The benchmark Korea Composite Stock Price Index inched down 2,46 points, or 0.12 percent, to 2,024.58 as of 11:20 a.m.

Large caps traded mixed with market kingpin Samsung Electronics inching down 0.33 percent and major chipmaker SK hynix adding 3.12 percent.

Top automaker Hyundai Motor shed 0.57 percent and its smaller affiliate Kia Motors also edged down 0.35 percent.

The local currency was trading at 1,134.10 won against the US dollar, up 0.80 won from the previous session’s close.

(theinvestor@heraldcorp.com)