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S. Korean shares almost flat in late morning trading

All News 11:28 July 25, 2016

SEOUL, July 25 (Yonhap) -- South Korean shares traded almost unchanged late Morning morning amid an apparent lack of leads.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 1.63 points, or 0.08 percent, to 2,008.71 as of 11:20 a.m.

Local shares had opened slightly higher but later pared earlier gains.

Large caps traded mixed with market kingpin Samsung Electronics losing 1.12 percent and major chipmaker SK hynix gaining 0.94 percent.

Top automaker Hyundai Motor jumped 4.26 percent and its smaller affiliate Kia Motors also rose 3.00 percent.

The local currency was trading at 1,137.40 won against the U.S. dollar, down 3.00 won from the previous session's close.

khj@yna.co.kr
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