The Korea Herald

피터빈트

Seoul shares down 0.5 pct in late-morning trade

By KH디지털뉴스부공용

Published : Jan. 15, 2013 - 13:15

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South Korean stocks traded 0.5 percent lower late Tuesday morning, led by losses in utilities and tech issues, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) slipped 10.01 points to 1,997.03 as of 11:20 a.m.

State-run electricity provider Korea Electric Power Corp. dipped nearly 2 percent, with tech blue chip Samsung Electronics falling 1.6 percent.

In contrast, telecom and auto shares continued their winning streak, with SK Telecom jumping around 3 percent.

The local currency was changing hands at 1,054.65 won against the greenback as of 11:20 a.m., up 1.35 won from Monday's close. (Yonhap News)