South Korean stocks traded 0.78 percent higher late Monday morning as foreign investors continued to scoop up local shares, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 15.25 points to 1,970.56 as of 11:20 a.m.
Tech shares traded higher, with top chipmaker SK hynix rising 4.24 percent and handset maker LG Electronics adding 0.67 percent. Top player Samsung Electronics edged up 0.15 percent.
Shipbuilders also gathered ground, with Hyundai Heavy Industries adding 3.25 percent and Samsung Heavy Industries climbing 1.94 percent. Daewoo Shipbuilding & Marine Engineering moved up 2.97 percent.
The local currency was changing hands at 1,088.50 won against the greenback as of 11:20 a.m., up 4.50 won from Friday's close. (Yonhap News)
