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Seoul shares trade almost flat in late-morning trade

South Korean stocks continued to trade almost flat late Thursday morning as investors maintained their wait-and-see stance amid policy uncertainties around the globe, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) edged down 0.04 percent, or 0.76 points, to 2,012.91 as of 11:20 a.m.

Tech shares lost ground, with market behemoth Samsung Electronics falling 1.03 percent and its local rival LG Electronics losing 1.03 percent. Flat panel maker LG Display decreased 0.41 percent.

The local currency was changing hands at 1,060.20 won against the greenback as of 11:20 a.m., up 0.70 won from Wednesday's close.

South Korea's stock market opened at 10 a.m. Thursday, and will close at 4 p.m., an hour later than usual, due to the national college entrance exam. (Yonhap News)



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