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Seoul shares fall in late morning trading despite Samsung rebounds
By 정민경Published : Oct. 13, 2016 - 13:51
[THE INVESTOR] South Korean shares traded lower late morning on Oct. 13, as institutions eyed the market for selling.
The benchmark KOSPI lost 14.32 points, or 0.70 percent, to 2,019.41 as of 11:20 a.m.
Most large caps were in negative terrain.
Samsung Electronics advanced 1.30 percent, but local industry leader Hyundai Motor plunged 1.47 percent, with top portal operator Naver tumbling 3.01 percent.
Top life insurer Samsung Life retreated 0.95 percent, with leading chemicals producer LG Chemical slipping 2.11 percent.
The local currency was trading at 1,124.90 won against the US greenback, down 1.30 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark KOSPI lost 14.32 points, or 0.70 percent, to 2,019.41 as of 11:20 a.m.
Most large caps were in negative terrain.
Samsung Electronics advanced 1.30 percent, but local industry leader Hyundai Motor plunged 1.47 percent, with top portal operator Naver tumbling 3.01 percent.
Top life insurer Samsung Life retreated 0.95 percent, with leading chemicals producer LG Chemical slipping 2.11 percent.
The local currency was trading at 1,124.90 won against the US greenback, down 1.30 won from the previous session’s close.
(theinvestor@heraldcorp.com)
