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S. Korean shares almost flat in late morning trading

All News 11:28 July 22, 2016

SEOUL, July 22 (Yonhap) -- South Korean shares traded almost unchanged late Friday morning, paring part of earlier losses.

The benchmark Korea Composite Stock Price Index (KOSPI) added 0.7 point, or 0.03 percent, to 2,012.92 as of 11:20 a.m.

Large caps traded mixed with market kingpin Samsung Electronics sinking 1.43 percent.

Major chipmaker SK hynix shed 1.56 percent, while POSCO, the country's leading steelmaker, advanced 0.46 percent.

Naver, the operator of the country's top Internet portal, rose 0.71 percent.

Top automaker Hyundai Motor fell 0.38 percent.

The local currency was trading at 1,135.30 won against the U.S. dollar, up 0.6 won from the previous session's close.

sam@yna.co.kr
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