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Seoul stocks up late Tuesday morning

All News 11:33 July 10, 2018

SEOUL, July 10 (Yonhap) -- South Korean stocks traded higher Tuesday morning, as investors scooped up large-cap shares, such as Samsung Electronics.

The benchmark Korea Composite Stock Price Index (KOSPI) added 12.08 points, or 0.53 percent, to 2,297.88 as of 11:20 a.m.

Tech shares traded mixed, with market bellwether Samsung Electronics advancing 1.75 percent. SK hynix, a major chipmaker, was down 0.68 percent.

Steelmakers were in positive terrain, with market leader POSCO climbing 0.98 percent. Hyundai Steel was up 0.21 percent.

Bio and auto shares were bearish with pharmaceutical giant Celltrion edging down 0.35 percent, and Samsung Biologics, the healthcare unit of Samsung Group, dropping 1.87 percent.

Hyundai Motor, the country's top automaker, moved down 0.8 percent, and its smaller affiliate Kia Motors retreated 0.8 percent.

The South Korean currency was trading at 1,114.20 won against the U.S. dollar, down 2.0 won from the previous session's close.


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