[THE INVESTOR] South Korean shares traded slightly higher late morning on July 29, led by tech shares.

The benchmark Korea Composite Stock Price Index inched up 2.09 points, or 0.10 percent, to 2,023.19 as of 11:20 a.m.

Market bellwether Samsung Electronics jumped 2.65 percent. A day earlier, the tech giant announced its biggest quarterly operating profit in more than two years.

Auto shares were mixed, with market leader Hyundai Motor decreasing 2.50 percent while its smaller affiliate Kia Motors inching up 0.24 percent

The local currency was changing hands at 1,123.70 won against the US dollar, up 0.70 won from the previous session’s close.


(theinvestor@heraldcorp.com)