[THE INVESTOR]  South Korean shares traded lower late morning on Sept. 26, amid a drop in global oil prices.

The benchmark KOSPI shed 5.97 points, or 0.29 percent, to 2,048.10 as of 11:20 a.m.

Large caps traded mixed with market kingpin Samsung Electronics adding 0.13 percent, and global chipmaker SK hynix down 0.76 percent.

Top automaker Hyundai Motor fell 1.41 percent, and its smaller affiliate Kia Motors traded 2.46 percent lower.

POSCO, the No.1 steelmaker, declined 0.88 percent.

Naver, the operator of the country’s top internet portal, rose 0.11 percent.

The local currency was trading at 1,105.55 won against the US dollar, down 3.15 won from the previous session’s close.

(theinvestor@heraldcorp.com)