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Korean shares up in morning trade

Korean shares traded bullish on Friday morning as investors eyed a meeting of the world’s top finance officials in China.

The benchmark Korea Composite Stock Price Index wrapped up the morning session in the positive, rising 0.21 percent to trade at 1922.51 points. 

Traders monitor share prices at a local bank. (Yonhap)
Traders monitor share prices at a local bank. (Yonhap)

Finance ministers and central bankers from the Group of 20 economies gathered in Shanghai today for a two-day discussion on ways to stabilize the global market and spur growth.

Top market-cap Samsung Electronics fell 0.08 percent to 117,8000 won, while state-run Korea Electric Power Corp. rose 2.02.

Shares of chemical companies were up after oil prices rose in the previous day on the back of strong gasoline demand in the United States.

Top refiner SK Innovation advanced 0.69 percent, and its smaller rival S-Oil inched up 0.12 percent.

(khnews@heraldcorp.com)
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