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S. Korean shares down in late morning trading

All News 11:32 July 19, 2016

SEOUL, July 19 (Yonhap) -- South Korean shares traded lower late Tuesday morning, on losses in automakers and some tech stocks.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 9.1 points, or 0.45 percent, to 2,012.01 as of 11:20 a.m.

Large caps traded mixed with market kingpin Samsung Electronics adding 0.53 percent.

Global chipmaker SK hynix shed 2.29 percent, and POSCO, the country's leading steelmaker, dropped 3.29 percent.

Top automaker Hyundai Motor fell 1.14 percent, and its smaller affiliate Kia Motors traded 0.85 percent lower.

In contrast, Naver, the operator of the country's top Internet portal, rose 0.56 percent.

The local currency was trading at 1,140.00 won against the U.S. dollar, down 3.6 won from the previous session's close.


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