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S. Korean shares up in late morning trading

All News 11:31 December 05, 2017

SEOUL, Dec. 5 (Yonhap) -- South Korean shares traded higher late Tuesday morning, on the back of net purchases by local institutional investors.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 9.26 points, or 0.37 percent, to 2,510.93 as of 11:20 a.m.

Large caps saw mixed trading, with market kingpin Samsung Electronics falling 0.35 percent, and global chipmaker SK hynix down 0.25 percent.

Hyundai Motor rose 0.93 percent, and its smaller affiliate Kia Motors traded 1.96 percent higher.

POSCO, the No.1 steelmaker, advanced 2.07 percent.

Naver, the operator of the country's top Internet portal, fell 0.24 percent.

The local currency was trading at 1,085.70 won against the U.S. dollar, up 3.0 won from the previous session's close.

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